Nifty bank - Feb month expiry analysis
Price is moving inside a descending channel and now it is consolidating. 48600 zone is important to decide the trend direction further.
Buy above 48620 with the stop loss of 48540 for the targets 48700, 48820,48900, 48980, 49100 and 49220.
Sell below 48440 with the stop loss of 48520 for the targets 48360, 48240, 48160, 48060, 47960 and 47880.
Always do your own analysis before taking any trade.
Buy above 48620 with the stop loss of 48540 for the targets 48700, 48820,48900, 48980, 49100 and 49220.
Sell below 48440 with the stop loss of 48520 for the targets 48360, 48240, 48160, 48060, 47960 and 47880.
Always do your own analysis before taking any trade.
Note
Bullish. Note
Gave opportunities to both buyers and sellers. 
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Join my students group for Index Option Trading to earn and learn.
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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.