Bank Nifty - Dec 18

Price gave consolidation break out on friday. 48000 zone will decide the trend direction now.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 48040.
Stop Loss : 47960.
Targets : 48120, 48200, 48280, 48360 and 48420.
Sell below : 47840.
Stop Loss : 47920.
Targets : 47760, 47680, 47600 and 47540.

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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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Yorum:

Inside the zone again.

Yorum:

Bullish - out of the zone.