Finnifty - Aug 9

Updated
Price was falling and has formed bearish pennant/triangle pattern. 22800 zone is important to decide the trend direction.

Buy above 22920 with the stop loss of 22880 for the targets 22960, 23000, 23080 and 23120.
Sell below 22820 with the stop loss of 22860 for the targets 22780, 22720, 22660, 22600 and 22520.
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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.
Note
23150 zone resistance. snapshot
Trade active
Short
Trade closed: target reached
T3 done. snapshot
PennantTriangle

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