Nifty 50 IndexUpdated Mighty Nifty - 22nd Jan
Price was moving in a range for the past 2 days. And now it is at the important support zone..
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 21620.
Stop Loss : 21580.
Targets : 21660, 21700, 21740 and 21780.
These levels are derived based on the assumption that price will take support from 21600 and break the 2 days range move.
Sell below : 21480.
Stop Loss : 21520.
Targets : 21440, 21400 and 21360.
Check the live market updates.
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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.
Range : Medium.
Trend strength : Normal.
Buy Above : 21620.
Stop Loss : 21580.
Targets : 21660, 21700, 21740 and 21780.
These levels are derived based on the assumption that price will take support from 21600 and break the 2 days range move.
Sell below : 21480.
Stop Loss : 21520.
Targets : 21440, 21400 and 21360.
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
Jann 22 - Trading holiday.Note
Trend line resistance. Note
Support. 
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.