It was a long journey towards 21000. Today price moved in range and also formed a double top. We have RBI meet from today till friday. Chances are there for the expiry to be muted(range move).
Pattern : Double top.
Range : Medium.
Trend strength : Less.
Buy Above : 21020.
Stop Loss : 20980.
Targets : 21060, 21100 and 21140.
Sell below : 20920.
Stop Loss : 20960.
Targets : 20880, 20840 and 20800.
Check the live market updates.
Expected expiry day range is 20850 to 21050.
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.
Pattern : Double top.
Range : Medium.
Trend strength : Less.
Buy Above : 21020.
Stop Loss : 20980.
Targets : 21060, 21100 and 21140.
Sell below : 20920.
Stop Loss : 20960.
Targets : 20880, 20840 and 20800.
Check the live market updates.
Expected expiry day range is 20850 to 21050.
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:
Double top in action.
Comment:
Range is forming.
Comment:
Still in range. Full day it may move within it expecting RBI news tomorrow.