Price is moving inside a channel, which makes it tough to under the trend direction. Important support is 20480 - 20520. Important resistance is 20720 - 20760.
Buy above 20680 with the stop loss of 20640 for the targets 20720, 20760, 20800 and 20860.
Sell below 20480 with the stop loss of 20530 for the targets 20440, 20400, 20350 and 20300.
If price breaks the above mentioned resistance with volume, then we can expect good movement.
Check the live market updates.
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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.
Buy above 20680 with the stop loss of 20640 for the targets 20720, 20760, 20800 and 20860.
Sell below 20480 with the stop loss of 20530 for the targets 20440, 20400, 20350 and 20300.
If price breaks the above mentioned resistance with volume, then we can expect good movement.
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.
Comment:
choppy channel move.
