Bank Nifty - Aug 17
Updated
A channel has formed by the volatile movement of the price and right now it is facing resistance.
Pattern : Channel, Support/Resistance.
Range : Medium
Trend strength : Normal
Buy Above : 44040
Stop Loss : 43940
Targets : 44120, 44200, 44320 and 44440.
Sell below : 43860.
Stop Loss : 43940.
Targets : 43740, 43660 and 43540.
Check the live market updates. Expected Expiry Day range is 43700 to 44400.
Hit the like button to rock !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Pattern : Channel, Support/Resistance.
Range : Medium
Trend strength : Normal
Buy Above : 44040
Stop Loss : 43940
Targets : 44120, 44200, 44320 and 44440.
Sell below : 43860.
Stop Loss : 43940.
Targets : 43740, 43660 and 43540.
Check the live market updates. Expected Expiry Day range is 43700 to 44400.
Hit the like button to rock !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Comment
At the zone, bearish. Comment
Still testing. Comment
Comment
Ok. Price likes to stay within the marked zone. Comment
Aug 18 : Same zone is crucial to decide the trend today. 
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