Bank Nifty - Aug 7

By vanathi
Mod
Updated
After falling, price is moving within the range at the support zone. Price have to break the trend line resistance to move up.
Pattern : Range.
Range : Medium.
Trend strength : Normal.
Buy Above : 49860.
Stop Loss : 49780.
Targets : 49940, 50020, 50100, 50220 and 50400.
Sell below : 49640.
Stop Loss : 49720.
Targets : 49580, 49500, 49380, 49300 and 49280.

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Comment
Towards trend line. snapshot
Comment
Bounce from support. snapshot
Trade active
Long.
Trade closed: target reached
T4 done.
Support and ResistanceTrend Lines
vanathi
Mod
Roles I play here : Author, Analyst & Moderator.

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