FUNDAMENTALS TALK
ISRAEL iran war is Running, as Well oil Supply chain not disturb, Oil prices are not Increased.
iran only depends on the oil exports ( China, Russia, INDIA etc.)
If ISRAEL heat oil machinery and Gulf sea root is block whole running war thn only price is increasing.
Fed chairman also show their concern to rise inflation and they still want to inflation come below 2%. But he said we can think for two time rates cut.
So as well NIFTY50 25200 above closing not come still in Danger because if supply comes from this Level thn this will b mire fastly.
Need a closing above 25200
25200 above monthly Target 26300
25000 fall thn monthly Target 24000-23500
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Need a Day closing in Bank Nifty 56750
56500 above monthly Target 58000-58500
Below 55930 monthly Target 54000
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Need a day closing in SENSEX 83000
83000 above monthly Target 🎯 87000-89000
Below 81800-500 Monthly Target 79000, 77000, 75000
Technical Structure is strong but sometimes it play with retailer mindset... So be aware and Alert....
⚠️ Do not plan Trade on breakout or breakdown.
🚨 Avoid Scalping... 10-20 points.
🏆 WORK ON RISK AND REWARD RATIO. SPECIALLY IN INDEX.
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