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.
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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.
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Took support from 45000 zone and again back to the choppy support zone.