Mighty Nifty - July 20

Pattern : Channel
Range : Medium
Buy Above : 19860
Stop Loss : 19820
Targets : 19900, 19920, 19960
Sell below : 19780
Stop Loss : 19820
Targets : 19740,19700 and 19680.
Expected expiry day range : 19700 to 19900.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

Comment:

Bearish range is forming.

Comment:

Channel

Trade active:

Long

Trade closed: target reached:

All targets done. High : 19991 Low : 19758

Comment:

July 21. Nifty will move in this range mostly today.