Price is moving within the range 20300 to 20650 for the past 3 days. So we can expect breakout.
20600 is an important support zone. This analysis is based on the assumption that price will take support from 20600 zone.
Buy above 20640 with the stop loss of 20580 for the targets 20680, 20740, 20800 and 20860.
Sell below 20480 with the stop loss of 20520 for the targets 20440, 20400, 20360 and 20300.
20300 is the 2nd support area. If price breaks the support, then we can expect the move towards 20100 zone.
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.
20600 is an important support zone. This analysis is based on the assumption that price will take support from 20600 zone.
Buy above 20640 with the stop loss of 20580 for the targets 20680, 20740, 20800 and 20860.
Sell below 20480 with the stop loss of 20520 for the targets 20440, 20400, 20360 and 20300.
20300 is the 2nd support area. If price breaks the support, then we can expect the move towards 20100 zone.
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:
Towards 20620.
Trade active:
Short.
Trade closed: target reached:
Done.