Nifty Bank IndexUpdated Bank Nifty - Dec 20
Price is moving within the range of 47650 to 48050 for 3 days. Price will gain momentum if it breaks the range with strength. Otherwise we will get one more range day. Trend deciding level is 48000.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 48060.
Stop Loss : 47960.
Targets : 48120, 48200, 48280, 48360 and 48420.
Sell below : 47840.
Stop Loss : 47920.
Targets : 47760, 47680, 47600 and 47540.
Expected expiry day range is 47400 to 48200.
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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 : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 48060.
Stop Loss : 47960.
Targets : 48120, 48200, 48280, 48360 and 48420.
Sell below : 47840.
Stop Loss : 47920.
Targets : 47760, 47680, 47600 and 47540.
Expected expiry day range is 47400 to 48200.
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.Note
T1 done. Trade closed: target reached
Short entry also got triggered and had a nice fall. 
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.