Mighty Nifty - Jan 4
Updated
Price has formed a falling wedge pattern and right now it is at the strong support 21480 - 21520.
Pattern : Wedge.
Range : Medium.
Trend strength : Normal.
Buy Above : 21520.
Stop Loss : 21480.
Targets : 21560, 21590, 21620 and 21660.
These levels are derived based on the assumption that price will take support from 21500 zone.
Sell below : 21440.
Stop Loss : 21480.
Targets : 21400, 21360, 21320 and 21280.
Expected expiry day range is 21300 to 21650.
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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.
Pattern : Wedge.
Range : Medium.
Trend strength : Normal.
Buy Above : 21520.
Stop Loss : 21480.
Targets : 21560, 21590, 21620 and 21660.
These levels are derived based on the assumption that price will take support from 21500 zone.
Sell below : 21440.
Stop Loss : 21480.
Targets : 21400, 21360, 21320 and 21280.
Expected expiry day range is 21300 to 21650.
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.
Trade active
Long. Note
T3 done.Trade closed: target reached
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