Starting of the day, movement was slow as price was consolidating in a narrow range and the big move came after that. Price fall down from the resistance. The trend deciding level for tomorrow's movement will be 21880 - 21920.
Pattern : Support/resistance. Falling wedge is forming.
Range : Medium.
Trend strength : Normal.
Buy Above : 21940.
Stop Loss : 21900.
Targets : 21980, 22020, 22080 and 22140.
Sell below : 21860.
Stop Loss : 21900.
Targets : 21820, 21780, 21720 and 21680.
Check the live market updates.
Expected expiry day range is 21750 to 22100.
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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 : Support/resistance. Falling wedge is forming.
Range : Medium.
Trend strength : Normal.
Buy Above : 21940.
Stop Loss : 21900.
Targets : 21980, 22020, 22080 and 22140.
Sell below : 21860.
Stop Loss : 21900.
Targets : 21820, 21780, 21720 and 21680.
Check the live market updates.
Expected expiry day range is 21750 to 22100.
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.
Comment:
Inside the wedge. No direction.
Comment:
Choppy move.