Bank Nifty
Updated
Price is at the trend deciding zone 45500 - 45750. How price will react at this zone will decide the trend direction. HDFC bank had a huge fall and is near to the double bottom support. If heavy weight stocks like HDFC bank turns bullish, then bank nifty will gain bullish strength.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 45800.
Stop Loss : 45700.
Targets : 45880, 45960, 46040, 46200 and 46320.
Sell below : 45460.
Stop Loss : 45560.
Targets : 45380, 45260, 45120 and 45040.
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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.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 45800.
Stop Loss : 45700.
Targets : 45880, 45960, 46040, 46200 and 46320.
Sell below : 45460.
Stop Loss : 45560.
Targets : 45380, 45260, 45120 and 45040.
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.
Note
Jan 22 - trading holiday.Note
Towards 46200. Note
At support. Note
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