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.
Comment:
T1 done.
Trade closed: target reached:
Short entry also got triggered and had a nice fall.