Price is moving inside a channel formation. And price had a good recovery after the huge fall. Will it continue tomorrow or move inside the channel?
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 21480.
Stop Loss : 21440.
Targets : 21520, 21560, 21600 and 21640.
These levels are derived based on the assumption that price will take support from 21500 and break the channel and move up.
Sell below : 21380.
Stop Loss : 21420.
Targets : 21340, 21300 and 21260.
Expected expiry day range is 21300 to 21700.
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.
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 21480.
Stop Loss : 21440.
Targets : 21520, 21560, 21600 and 21640.
These levels are derived based on the assumption that price will take support from 21500 and break the channel and move up.
Sell below : 21380.
Stop Loss : 21420.
Targets : 21340, 21300 and 21260.
Expected expiry day range is 21300 to 21700.
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:
Channel movement so far.
