Bank Nifty

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Price is at the trend deciding zone 45500 - 45750. How price will react at this zone will decide the trend direction. HDFC bank had a huge fall and is near to the double bottom support. If heavy weight stocks like HDFC bank turns bullish, then bank nifty will gain bullish strength.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 45800.
Stop Loss : 45700.
Targets : 45880, 45960, 46040, 46200 and 46320.
Sell below : 45460.
Stop Loss : 45560.
Targets : 45380, 45260, 45120 and 45040.

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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.

٢٢ يناير ٢٠٢٤

ملاحظة

Jan 22 - trading holiday.

٢٣ يناير ٢٠٢٤

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Towards 46200.

٢٣ يناير ٢٠٢٤

ملاحظة

At support.

٢٣ يناير ٢٠٢٤

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