For the past 2 days price was moving in a very narrow range. 45200 is acting as a support and 45500 - 45700 is acting as resistance. This range should be broken to see a good move in the coming days.
Note : Price may be volatile because of the upcoming budget on Feb 1.
Pattern : Support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 45420.
Stop Loss : 45340.
Targets : 45500, 45580, 45680 and 45800.
Sell below : 45180.
Stop Loss : 45260.
Targets : 45100, 45020, 44940, 44820 and 44760.
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.
Note : Price may be volatile because of the upcoming budget on Feb 1.
Pattern : Support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 45420.
Stop Loss : 45340.
Targets : 45500, 45580, 45680 and 45800.
Sell below : 45180.
Stop Loss : 45260.
Targets : 45100, 45020, 44940, 44820 and 44760.
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.
Comment:
Took support from 45000 zone and again back to the choppy support zone.
Trade active:
Long.
Trade closed: target reached:
Done.