Mighty Nifty - Nov 16

Updated
Gap up and the movement did not have trend strength. Resistance is seen at 19800.
Pattern : Supply/Demand.
Range : Medium.
Trend strength : Normal.
Buy Above : 19720.
Stop Loss : 19690.
Targets : 19750, 19780 and 19820.
Sell below : 19650.
Stop Loss : 19680.
Targets : 19620, 19580 and 19550.

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Expected expiry day range is 19600 to 19800.

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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.
Note
Near to buy zone. snapshot
Trade active
Long.
Note
T1 done.
Note
T2 done. Nearing T3.
Trade closed: target reached
All done. snapshot
Trend Analysis

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