Mighty Nifty - Jan 8
Updated
Price is at the trend deciding zone. How the price gains strength at this zone, will decide the trend direction.
Pattern : Consolidation, trend line break out.
Range : Medium.
Trend strength : Normal.
Buy Above : 21720.
Stop Loss : 21690.
Targets : 21750, 21780, 21800 and 21840.
These levels are derived based on the assumption that price will test the low of the range 21700 and decide the trend direction as it has broken the trend line resistance.
Sell below : 21640.
Stop Loss : 21690.
Targets : 21610, 21580, 21550 and 21520.
Check the live market updates.
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.
Pattern : Consolidation, trend line break out.
Range : Medium.
Trend strength : Normal.
Buy Above : 21720.
Stop Loss : 21690.
Targets : 21750, 21780, 21800 and 21840.
These levels are derived based on the assumption that price will test the low of the range 21700 and decide the trend direction as it has broken the trend line resistance.
Sell below : 21640.
Stop Loss : 21690.
Targets : 21610, 21580, 21550 and 21520.
Check the live market updates.
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.
Trade active
Short.Note
T2 done. Near to the support zone. Trade closed: target reached
All targets done. 
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