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vanathi
Apr 7, 2024 10:08 AM

Mighty Nifty - April 8 

Nifty 50 IndexNSE

Description

Price was consolidating the whole day and formed a symmetrical triangle. Break out can be in any direction.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22540.
Stop Loss : 22500.
Targets : 22580, 22620 and 22660.

Sell below : 22440.
Stop Loss : 22480.
Targets : 22400, 22360 and 22300.

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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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Trade active

Long

Comment

T2 done. double top resistance.

Trade closed: target reached

All targets done.
Comments
johntradingwick
Hi,

This publication has been chosen for the Editor's Picks and will feature on the page in.tradingview.com/ideas/editors-picks/.

Thank you for your valuable contribution to the TradingView community and keep up the good work!
vanathi
@johntradingwick, Thank you. :)
Jayesh2105
Great analysis
vanathi
@Jayesh2105, Thanks...
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