TradingView
vanathi
Feb 13, 2024 2:13 PM

Bank Nifty - Feb 14 

Nifty Bank IndexNSE

Description

Price is moving in a descending channel. And also price movement is within the same range for the past 3 days. Daily time frame shows, price is facing trend line resistance.

Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 45440.
Stop Loss : 45360.
Targets : 45520, 45600, 45720 and 45800.
Sell below : 45220.
Stop Loss : 45300.
Targets : 45160, 45080, 45000 and 44920.

Check the live market updates.

Expected expiry day range is 44900 to 45800.

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

Checking the channel resistance.

Comment

Above the trend line resistance.
Comments
pjjbhutoria
Your Analysis is amazing. Can I learn from you mam
More