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S&P BSE Sensex Index
Updated

Jan 7 Sensex expiry analysis

989
Price had a good move from 78000 to 80000. Price fall down from 80k and now it is near to the double bottom range support.
78k will act as the trend deciding zone. If price sustains above 78k bulls have a strong opportunity to make the price to move towards 80k
Buy above 78000 with the stop loss of 77860 for the targets 78120, 78240, 78400, 78560 and 78800.
Sell below 77720 with the stop loss of 77850 for the targets 77600, 77460, 77300, 77160 and 77040.
Do your own analysis before taking any trade.
Trade active
Long. Still moving in narrow range.
Trade closed: target reached
T2 done. snapshot
vanathi
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Double Top or BottomSupport and Resistance

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Double Top or BottomSupport and Resistance
vanathi
Mod
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Join my students group for Index Option Trading to earn and learn.
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.