vanathi

Bank Nifty - Nov 1

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Pattern : Wedge.
Range : Medium
Trend strength : Normal
In one hour time frame we have a channel formation. Price can break or move within the channel.
Buy Above : 42880.
Stop Loss : 42800.
Targets : 42960, 43060, 43180 and 43300.
Sell below : 42720.
Stop Loss : 42800.
Targets : 42640, 42560, 42480 and 42400.

Check the live market updates. Expected expiry day range is 42300 to 43100.

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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:
Mild - bearish
Trade active:
Short.
Comment:
T1 done.
Comment:
No big move so far.
Comment:
Range move whole day. We can expect good move tomorrow.

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