Nifty Bank IndexUpdated Bank Nifty
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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Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.
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
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.