NIFTY has successfully broken the resistance level of 25,150 and is holding steady above it. A retest of this level could provide a good entry opportunity, with the next target at 25,550.
The market is maintaining a steady uptrend, largely supported by optimism around the resumption of trade talks between India and the USA. Hopes of a potential trade deal are fueling positive sentiment.
However, traders should remain cautious — any delay or setback in negotiations could quickly trigger downside pressure. If you plan to take a position, it’s wise to manage risk carefully, trade with smaller quantities, and keep positions light.
The market is maintaining a steady uptrend, largely supported by optimism around the resumption of trade talks between India and the USA. Hopes of a potential trade deal are fueling positive sentiment.
However, traders should remain cautious — any delay or setback in negotiations could quickly trigger downside pressure. If you plan to take a position, it’s wise to manage risk carefully, trade with smaller quantities, and keep positions light.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.