Nifty Bank IndexUpdated Bank Nifty - Apr 29
Price faced resistance and fall down nicely and it is bullish as long as it sustains above 48160. Now it has formed a mini channel.
Pattern : Channel(Mini).
Range : Medium.
Trend strength : Normal.
Buy Above : 48180.
Stop Loss : 48100.
Targets : 48260, 48340, 48420 and 48580.
Sell below : 47960.
Stop Loss : 48040.
Targets : 47880 ,47800, 47720 and 47620.
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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 : Channel(Mini).
Range : Medium.
Trend strength : Normal.
Buy Above : 48180.
Stop Loss : 48100.
Targets : 48260, 48340, 48420 and 48580.
Sell below : 47960.
Stop Loss : 48040.
Targets : 47880 ,47800, 47720 and 47620.
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
Channel BO. Note
Good move. Note
Mini channel gave Mega move. :) 
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Join my students group for Index Option Trading to earn and learn.
Join my students group for Index Option Trading to earn and learn.
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.