NIFTY_MID_SELECT Index has immediate resistance near 12600 – 12625 range and if index crosses and sustains above this level then may reach 12750 – 12775 range.
Midnifty has immediate support near 12275 – 12250 range and if this support is broken then index may tank near 12125 – 12100 range.
Gap up opening expected due to better than projected India’s GDP growth in Q1 FY 2025-26 and bilateral agreements with Japan and China. Day closing is more important than opening and Positive closing will decide trends in the upcoming short term.
Trade closed: target reached
Gap up opening with low near 12480 and made high near 12725 with close near 12715.
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.
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.