Bank Nifty - Dec 11

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Trend deciding zone for bank nifty is 47200 - 47300. To be bullish, price have to sustain it. Price is trending around 47000 for few days and this week, it may give break out..
Pattern : Channel.
Range : Medium.
Trend strength : Good.
Buy Above : 47320.
Stop Loss : 47240.
Targets : 47420, 47500, 47580 and 47640.
Sell below : 47140.
Stop Loss : 47220.
Targets : 47060, 46980, 46880 and 46800.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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Ghi chú
Testing the channel. ảnh chụp nhanh
Ghi chú
Price is not ready to fall so far. ảnh chụp nhanh
Parallel Channel

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