vanathi

Bank Nifty - May 13

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
We had a wide range movement on Friday and now price is at support. This zone will decide the trend direction.

Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 47440.
Stop Loss : 47360.
Targets : 47520, 47600, 47680, 47760 and 47840.
Sell below : 47220.
Stop Loss : 47300.
Targets : 47140 ,47060, 46980 and 46880.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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Comment:
Support broken.
Trade active:
Short.
Comment:
T1 done.
Trade closed: target reached:
T2 done.

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