Mighty Nifty - Dec 11

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21000 - Will price move up or fall down? Thats the question in everybody's mind right now. Price is consolidating in the range of 20850 to 21000 for the past few days. Both bulls and bears are having equal strength so far. So what will happen next?
Pattern : Double top square :)
Range : Medium.
Trend strength : Less, can gain.
Buy Above : 21040.
Stop Loss : 21000.
Targets : 21080, 21120 and 21150.
Sell below : 20920.
Stop Loss : 20960.
Targets : 20880, 20840 and 20800.

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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
Testing support/resistance. syot kilat
Nota
This is known as sitting on the box. syot kilat
Nota
Range move for 4 days! syot kilat
Trend Analysis

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