Pre budget analysis - Nifty
Price has broken the resistances ie lower trend line of the channel and ascending triangle. Now price is nearing the important zone 23300. Sustaining 23000 is important to be bullish.
Buy above 23320 with the stop loss of 23280 for the targets 23360, 23400, 23440 and 23480.
Sell below 23240 with the stop loss of 23280 for the targets 23200. 23160 and 23120.
Do your own analysis before taking any trade.
Note : Some times price will move in range before budget day. And may be choppy. Trade mindfully.
Buy above 23320 with the stop loss of 23280 for the targets 23360, 23400, 23440 and 23480.
Sell below 23240 with the stop loss of 23280 for the targets 23200. 23160 and 23120.
Do your own analysis before taking any trade.
Note : Some times price will move in range before budget day. And may be choppy. Trade mindfully.
Note
Facing resistance at 23400 
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
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