S&P BSE BANKEXUpdated

Bankex - Aug 26

For the past three days, price was moving in a choppy range and did not give opportunity for option buyers. Break out with strength can give good movement.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 58220.
Stop Loss : 58120.
Targets : 58320, 58400, 58480, 58560 and 58620.
Sell below : 57980.
Stop Loss : 58060.
Targets : 57900 ,57820, 57720, 57640 and 57520.

Check the live market updates.

Hit the like button to Rock !! Show some energy !!

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.
Trade active
Long
Note
T1 done. snapshot
Note
Levels are valid for tomorrow. snapshot

Disclaimer