Bank Nifty - May 8

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Price fall down nicely and now it is consolidating in a 100 points range. Will it continue the fall?
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 48240.
Stop Loss : 48160.
Targets : 48320, 48400, 48480 and 48560.
Sell below : 47980.
Stop Loss : 48060.
Targets : 47920 ,47860, 47780 and 47680.

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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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ملاحظة

Still below support.

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ملاحظة

Short.

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ملاحظة

T1 done.