Bank Nifty

Price is moving in channel. And also it is at important zone 49000. Channel move is tricky to trade and also market will be volatile as the election result is coming soon. Trade carefully.
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 49020.
Stop Loss : 48940.
Targets : 49100, 49180, 49260, 49380 and 49440.
Sell below : 48820.
Stop Loss : 48900.
Targets : 48740 ,48660, 48580 and 48520.

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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

Range formation.

vanathi

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Penafian

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vanathi

Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Join my students group for Index Option Trading to earn and learn.

Juga pada: