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vanathi
Mar 17, 2024 7:54 AM

Mighty Nifty - March 18 

Nifty 50 IndexNSE

Description

After fall, price is consolidating in the form of descending triangle pattern. If price did not give break out, then chances are there to move within the range 21900 to 22100.
Pattern : Triangle.
Range : Medium.
Trend strength : Normal.
Buy Above : 22020.
Stop Loss : 21980.
Targets : 22060, 22100 and 22140.

Sell below : 21920.
Stop Loss : 21960.
Targets : 21880, 21840 and 21800.

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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.

Comment

Bullish zone. Have to gain strength.

Comment

Still at support zone.

Trade active

Long.

Comment

T1 done.
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