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vanathi
Mar 8, 2024 9:14 AM

Bank Nifty - March 11 

Nifty Bank IndexNSE

Description

Price managed to sustain above 47700 zone but still it is unable to gain strength and now in consolidation zone.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 47820.
Stop Loss : 47740.
Targets : 47900, 47980, 48040, 48120 and 48200.
Sell below : 47640.
Stop Loss : 47720.
Targets : 47580 ,47500, 47420, 47360 and 47240.

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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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Comment

Testing the consolidation zone.

Trade active

Short.

Comment

T2 done.

Trade closed: target reached

All targets done.
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