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Bank Nifty - June 5

We had a volatile day as the votes were getting counted. Leading, lagging parties seats were remaining stable from the morning, but our market movement was highly volatile. Expecting some volatile movement till the government formation.
Now, let us continue with the analysis. Also please note, option premium was high and tomorrow there will be more decay.
Pattern : Triangle.
Range : High.
Trend strength : Volatile.
Buy Above : 47040.
Stop Loss : 46920.
Targets : 47160, 47280, 47460, 47680 and 47840.
Sell below : 46760.
Stop Loss : 46880.
Targets : 46640 ,46500, 46340, 46200 and 46020.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Nota
Less trend strength. syot kilat
Nota
Took 46500 support. syot kilat
Dagangan aktif
Long.
Dagangan ditutup: sasaran tercapai
All targets done. syot kilat

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