Mighty Nifty - Oct 5

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Price is moving in the range 19300 to 19500.
Pattern : Supply/demand.
Range : Medium
Trend strength : Normal
A different perspective. Buy Above : 19460.
Stop Loss : 19420.
Targets : 19500, 19530 and 19580.
Sell below : 19380.
Stop Loss : 19420.
Targets : 19350, 19320 and 19280.

Check the live market updates. Expected expiry day range is 19600 to 19250.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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Resistance zone.
See where the price is right now.
Nearing the lower level of the resistance zone.
What a bounce.
Trend line support.
Oct 6. trend deciding level is 19600.

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