Mighty Nifty - Dec 14
Updated
Today price broke the zone and went below 20820, but once again price moved up, entered the zone again. So what to expect next? Unable to fall too far away from the zone shows the price is still bullish.
Pattern : Consolidation zone.
Range : Medium.
Trend strength : Medium, can gain.
Buy Above : 20940.
Stop Loss : 20900.
Targets : 20980, 21020 and 21060.
Sell below : 20840.
Stop Loss : 20880.
Targets : 20800, 20760 and 20720.
Expected expiry day range is 20800 to 21100.
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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 : Consolidation zone.
Range : Medium.
Trend strength : Medium, can gain.
Buy Above : 20940.
Stop Loss : 20900.
Targets : 20980, 21020 and 21060.
Sell below : 20840.
Stop Loss : 20880.
Targets : 20800, 20760 and 20720.
Expected expiry day range is 20800 to 21100.
Check the live market updates.
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.
Note
Finally out of the range. Resistance at 21140, 21156, 21164. Note
21180 - 21196 is resistance zone.
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