Price is moving inside the wedge pattern and now it is testing the upper trend line resistance. It have to sustain above the current levels to move up further.
Daily time frame shows bullish strength.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 47160.
Stop Loss : 47080.
Targets : 47240, 47320, 47400, 47480 and 47560.
Sell below : 46960.
Stop Loss : 47020.
Targets : 46880, 46800, 46720 ,46660 and 46580.
Expected expiry day range is 46600 to 47400.
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.
Daily time frame shows bullish strength.
Range : Medium.
Trend strength : Normal.
Buy Above : 47160.
Stop Loss : 47080.
Targets : 47240, 47320, 47400, 47480 and 47560.
Sell below : 46960.
Stop Loss : 47020.
Targets : 46880, 46800, 46720 ,46660 and 46580.
Expected expiry day range is 46600 to 47400.
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:
T2 done.
Trade closed: target reached:
Range move.