Finnifty - Nov 7

Updated
Price is moving up for the past few days, but the width is narrowing in the form of rising wedge. So you should be careful as it may fall suddenly.

Buy above 19660 with the stop loss 0f 19610 for the targets 19700, 19740 and 19820. This will happen if the price retains the bullish strength.

Sell below 19570 with the stop loss of 19610 for the targets 19530, 19490, 19450 and 19400. The fall may be more if the price gains bearish strength.

Support zone : 19420 - 19460.

Resistance zone : 19790 - 19820.

Do your own analysis.
Note
Testing the wedge. snapshot
Trade active
Short
Note
T2 done. snapshot
Wedge

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