Market will be volatile because of RBI day. Right now price is having trend line resistance. Next strong resistance is seen at 21120 - 21140. As per the daily chart, price is sustaining above the trend line.
Pattern : Trend line Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 21960.
Stop Loss : 21920.
Targets : 22000, 22040, 22080 and 22120.
Sell below : 21860.
Stop Loss : 21900.
Targets : 21820, 21780 and 21740.
Check the live market updates.
Expected expiry day range is 21700 to 22100.
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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 : Trend line Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 21960.
Stop Loss : 21920.
Targets : 22000, 22040, 22080 and 22120.
Sell below : 21860.
Stop Loss : 21900.
Targets : 21820, 21780 and 21740.
Check the live market updates.
Expected expiry day range is 21700 to 22100.
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:
Taking support.
Trade active:
After RBI. Short
Trade closed: target reached:
Done.