Mighty Nifty - Feb 29

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Starting of the day, movement was slow as price was consolidating in a narrow range and the big move came after that. Price fall down from the resistance. The trend deciding level for tomorrow's movement will be 21880 - 21920.
Pattern : Support/resistance. Falling wedge is forming.
Range : Medium.
Trend strength : Normal.
Buy Above : 21940.
Stop Loss : 21900.
Targets : 21980, 22020, 22080 and 22140.

Sell below : 21860.
Stop Loss : 21900.
Targets : 21820, 21780, 21720 and 21680.

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Expected expiry day range is 21750 to 22100.

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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
Inside the wedge. No direction. ảnh chụp nhanh
Ghi chú
Choppy move. ảnh chụp nhanh
Trend Analysis

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