Price was unable to sustain above the trend line and now the same trend line is acting as resistance. And also price was moving in a range for two days. So will it break the range?
Pattern : Trend line Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 52520.
Stop Loss : 52440.
Targets : 52600, 52680, 52760, 52820, 52900 and 52980.
Sell below : 52300.
Stop Loss : 52380.
Targets : 52300 ,52220, 52140, 52060 and 51980.
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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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