Nifty 50 Index
Updated

Nifty - Expiry day analysis Feb 20

867
Price was moving in a range for the past few days and in that process has created a channel pattern. Also I can see a triangle inside the channel.
Buy above 22920 with the stop loss of 22880 for the targets 22960, 23000, 23040, 23100 and 23160.
Sell below 22840 with the stop loss of 22880 for the targets 22800, 22760, 22700 and 22660.
As per daily chart price is at support.
snapshot
Always do your own analysis before taking any trade.
Trade active
Once again inside the channel. snapshot

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.