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vanathi
Sep 12, 2023 10:22 AM

Bank Nifty - Sep 13 

Nifty Bank IndexNSE

Description

Pattern : Support/Resistance.
Range : Medium
Trend strength : Less.
Buy Above : 45520
Stop Loss : 45440
Targets : 45600, 45680, 45800, 44880 and 45960.
Sell below : 45340.
Stop Loss : 45420.
Targets : 45260, 45180, 45040 and 44960.

Check the live market updates. Expected expiry day range is 46000 to 44900.

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

Support.

Comment

Bearish.

Comment

Unexpected, but expected.

Comment

Comment

Sep 14 - Nothing goes up in straight line and when it goes like this... watch and trade.
Comments
akhpalsingh57
Thank you very much
vanathi
@akhpalsingh57, Welcome.
Joytrades
Clear technicals., once the 45520 levels broke with strong candle., the market went to 45716 fibo level & then to yesterday premarket level of 45893. But was very hesitant to buy., just observed the market & the price action behaviour.. in general whenever the breakout or breakdown fails in 15 or 30 mins time frame., the reversal on the other side is huge & fast.
vanathi
@Joytrades, Good observation. Thank you for the comment.
manosenthil7987
super mam but I have loss
vanathi
@manosenthil7987, It's your responsibility.
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