Bank Nifty - Apr 29

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Price faced resistance and fall down nicely and it is bullish as long as it sustains above 48160. Now it has formed a mini channel.

Pattern : Channel(Mini).
Range : Medium.
Trend strength : Normal.
Buy Above : 48180.
Stop Loss : 48100.
Targets : 48260, 48340, 48420 and 48580.
Sell below : 47960.
Stop Loss : 48040.
Targets : 47880 ,47800, 47720 and 47620.

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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.
Ghi chú
Channel BO. ảnh chụp nhanh
Ghi chú
Good move. ảnh chụp nhanh
Ghi chú
Mini channel gave Mega move. :) ảnh chụp nhanh
Parallel Channel

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