Price tested the resistance once again today, but failed to break it. Reliance gave nifty strength to move towards resistance. So what will happen next? Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22140. Stop Loss : 22100. Targets : 22180, 22220 and 22260.
Sell below : 22060. Stop Loss : 22100. Targets : 22020, 21960 and 21920.
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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.
These tiny miny target of 40 points with practically no moment in options is useless
vanathi
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@vineetsehgal4000, In range market, these tiny targets are the possibility.
vineetsehgal4000
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Agree but when the moment of 40 points in nifty moves option just 10 point, what's the use...
Anyway, it's super bullish today, best index manipulation by operators or govt. 100s of stocks are over valued but it will go up up up... waiting for the BOOM 💥