Bank Nifty- Dec Expiry
Updated
Price has entered in to the consolidation zone 47650 to 48040. And it has formed a narrow consolidation at the 47600 zone. So we are having consolidation square :) It can give good break out move.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 47700.
Stop Loss : 47620.
Targets : 47780, 47860, 47940, 48060, 48200, 48320 and 48400.
Sell below : 47460.
Stop Loss : 47520.
Targets : 47380, 47300, 47220, 47160 and 47100.
Expected (expiry) range is 47200 to 48400.
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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 : 47700.
Stop Loss : 47620.
Targets : 47780, 47860, 47940, 48060, 48200, 48320 and 48400.
Sell below : 47460.
Stop Loss : 47520.
Targets : 47380, 47300, 47220, 47160 and 47100.
Expected (expiry) range is 47200 to 48400.
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
Inside the zone. Trade active
Long.Note
48060 done.Note
48200 done. BN has made ATH 48245. Note
48320 done. ATH...Trade closed: target reached
All targets done.
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