Price has formed a range between 25750 to 25950. The price is bullish as long as it sustains above 25700. No other pattern is seen in the chart.
Buy above 25920 with the stop loss of 25850 for the targets 25960, 26000, 26060, 26120, 26160, 26200 and 26240.
Sell below 25650 with the stop loss of 25720 for the targets 25610, 25560, 25520, 25460, 25420 and 25380.
If the price faces strong resistance at 26000 - 26100, then it may pull back towards 25700.
How the price reacts at important support/resistance will decide the trend direction.
So far Bank Nifty is supporting Nifty's move.
Always do your analysis before taking any trade.
Buy above 25920 with the stop loss of 25850 for the targets 25960, 26000, 26060, 26120, 26160, 26200 and 26240.
Sell below 25650 with the stop loss of 25720 for the targets 25610, 25560, 25520, 25460, 25420 and 25380.
If the price faces strong resistance at 26000 - 26100, then it may pull back towards 25700.
How the price reacts at important support/resistance will decide the trend direction.
So far Bank Nifty is supporting Nifty's move.
Always do your analysis before taking any trade.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
