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Nifty 50 Index
Updated

Mighty Nifty - April 29

1 238
We have two different patterns which indicates two direction in different timeframes. Opening will decide how the price will move.
Pattern : Support/Resistance, descending triangle and trend line support.
Range : Medium.
Trend strength : Normal.
Buy Above : 22440.
Stop Loss : 22400.
Targets : 22480, 22520 and 22560.

Sell below : 22340.
Stop Loss : 22380.
Targets : 22300, 22260 and 22220.

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.
Note
Bullish, have to sustain above 22500 to move up further. snapshot
Trade active
Long. snapshot
Trade closed: target reached
All targets done. snapshot
vanathi
Mod
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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Support and ResistanceTrend LinesTriangle

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Support and ResistanceTrend LinesTriangle
vanathi
Mod
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Also on:

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.