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vanathi
Mar 22, 2024 10:12 AM

Bank Nifty - March 26 

Nifty Bank IndexNSE

Description

We had choppy move in morning session and range move in afternoon session. Now price is consolidating at the trend direction deciding zone 47000.

Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 47040.
Stop Loss : 46960.
Targets : 47120, 47200, 47280, 47340 and 47400.
Sell below : 46800.
Stop Loss : 46880.
Targets : 46720 ,46640, 46560 and 46480.

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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

Gaining strength, choppy zone ahead.

Comment

Unable to break the resistance so far.
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