NIFTY Index has resistance near 25325 – 25375 range and if index crosses and sustains above this level then may reach near 25525 – 25575 range.
Nifty has immediate support near 25000 – 24950 range and if this support is broken then index may tank near 24800 – 24750 range.
The global market may react to the US FOMC head Powell’s speech scheduled tonight if any unfavourable statement emerges.
Trade closed: target reached
Gap down opening and traded in range between high near 25150, low near 25025 and closed near 25055.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.