Nifty 50 Index
Updated

Mighty Nifty - May 13

1184
Price did not have trending movement on Friday. And still price is weak. So what will be the next move? We have two patterns.
Pattern : Triangle, channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 22080.
Stop Loss : 22040.
Targets : 22120, 22160, 22200 and 22240.

Sell below : 21980.
Stop Loss : 22020.
Targets : 21940, 21920 and 21880.

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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 closed: target reached
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