NIFTY MID SELECT WEEKLY EXPIRY 01 APR 2024...

Writing on a April Fool Day is always challenging task. Index recovery has been smooth from the low on 20 Mar 2024 end of Gann Annual Cycle March 23/24. We have recovered two-third of the range. We see a double top at 10562.75 which is level to watch on the upside. Again we see a double bottom on downside at Gann Level of 10493.10 which isthe centre of gravity on the range considered on the index. Looks like 10500 level concentration on weekly close. So we may see some action on Monday at this level. Use the same level for your intraday trades bias. With expansion on either side of 10562.50 and 10437.50 rangefor the index.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
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