Market participants are closely monitoring the escalating geopolitical tensions between India and Pakistan, as well as ongoing global trade discussions—particularly between the U.S. and China. These factors may influence sentiment and market volatility throughout the session.
Possible intra-day price behavior to consider:
• If the index approaches the 23,600 level but fails to sustain above it—especially if accompanied by technical signs of slowing momentum—some traders may interpret this as a scenario where the index could revisit the 23,100 zone.
• A sustained move below the 23,000 level could potentially open the way for further downside exploration toward the 22,400 area, which has previously acted as a zone of interest.
• In the event the index approaches 22,400 and shows signs of holding above it, a short-term bounce toward 23,100 could be observed. Alternatively, if downward pressure persists and the 22,400 level does not hold, attention may shift toward the 21,900 area as the next significant support.
Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Possible intra-day price behavior to consider:
• If the index approaches the 23,600 level but fails to sustain above it—especially if accompanied by technical signs of slowing momentum—some traders may interpret this as a scenario where the index could revisit the 23,100 zone.
• A sustained move below the 23,000 level could potentially open the way for further downside exploration toward the 22,400 area, which has previously acted as a zone of interest.
• In the event the index approaches 22,400 and shows signs of holding above it, a short-term bounce toward 23,100 could be observed. Alternatively, if downward pressure persists and the 22,400 level does not hold, attention may shift toward the 21,900 area as the next significant support.
Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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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.
Come join us today at : easymarkets.com/
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.