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Nifty Bank Index
Updated

Bank Nifty - Feb 28

994
Price moved along with the trend line today and now it has broken it, consolidation range is forming. Trend deciding zone is 46580 - 46620.
Pattern : Trend line break out.
Range : Medium.
Trend strength : Normal.
Buy Above : 46620.
Stop Loss : 46540.
Targets : 46700, 46780, 46860, 46940 and 47040.
Sell below : 46400.
Stop Loss : 46480.
Targets : 46320 ,46240, 46160 and 46040.

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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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Note
No trend strength. Inside the range. snapshot
Trade active
Short.
Trade closed: target reached
Done. All targets. snapshot
vanathi
Mod
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Also on:
Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trend Analysis
vanathi
Mod
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.