Bank Nifty - May 2

Price moved in a very narrow range in morning session. Gave break out in afternoon session, hit resistance and fall down nicely. Now price is at support.

Pattern : Support.
Range : Medium.
Trend strength : Normal.
Buy Above : 49320.
Stop Loss : 49240.
Targets : 49400, 49480, 49580 and 49680.
Sell below : 49120.
Stop Loss : 49200.
Targets : 49040 ,48960, 48880 and 48800.

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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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Commentaire:

Forming range.

Commentaire:

Testing support.

Commentaire:

Seems price like this support. Full day tested it.