Bank Nifty - Dec 6
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Price is sustaining above 47000 but the upward momentum is reducing and it is forming a range. Pattern : Trend line Resistance.
Range : Medium.
Trend strength : Good.
Buy Above : 47060.
Stop Loss : 46980.
Targets : 47140, 47220, 47340, 47480 and 47560.
Sell below : 46860.
Stop Loss : 46940.
Targets : 46780, 46700, 46620 and 46540.
Check the live market updates.
Expected expiry day range is 46700 to 47400.
Hit the like button to Rock !! Show some energy !!
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.
Range : Medium.
Trend strength : Good.
Buy Above : 47060.
Stop Loss : 46980.
Targets : 47140, 47220, 47340, 47480 and 47560.
Sell below : 46860.
Stop Loss : 46940.
Targets : 46780, 46700, 46620 and 46540.
Check the live market updates.
Expected expiry day range is 46700 to 47400.
Hit the like button to Rock !! Show some energy !!
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.
Note
Testing the trend line. Volatile so far. Note
Range move. 
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