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S&P BSE BANKEX
Updated

Bankex - Oct 7

605
Price is falling for the past few days. And now price is at support, RSI has formed divergence. Price can take support from here or move towards 58000.
Pattern : Support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 58560.
Stop Loss : 58460.
Targets : 58660, 58740, 58820, 58920 and 59000.
Sell below : 58380.
Stop Loss : 58460.
Targets : 58300 ,58220, 58140, 58040 and 57960.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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Note
Trying to be bullish. snapshot
Trade active
Short.
Trade closed: target reached
All targets done. snapshot
vanathi
Mod
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Also on:
Support and Resistance

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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.
Support and Resistance
vanathi
Mod
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Also on:

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.