Price has broken the range it has formed for few days today, but still it has to gain momentum.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 50520.
Stop Loss : 50420.
Targets : 50600, 50680, 50760, 50820 and 50960.
Sell below : 50300.
Stop Loss : 50380.
Targets : 50220 ,50140,50040, 49960 and 49840.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 50520.
Stop Loss : 50420.
Targets : 50600, 50680, 50760, 50820 and 50960.
Sell below : 50300.
Stop Loss : 50380.
Targets : 50220 ,50140,50040, 49960 and 49840.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Trade active:
Long.
Comment:
T4 done. BN showed its strength.
Trade closed: target reached:
All targets done. This is known as range Break Out.