Bank Nifty - Aug 14
We had a trending move today. Price was consolidating in the morning for few hours then started to fall. And now price is at support. It can move up or fall down. Price is at trend direction deciding zone now.
Pattern : Support.
Range : Medium.
Trend strength : Normal.
Buy Above : 49860.
Stop Loss : 49780.
Targets : 49940, 50020, 50100, 50220 and 50400.
Sell below : 49640.
Stop Loss : 49720.
Targets : 49580, 49500, 49380, 49300 and 49280.
Check the live market updates.
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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.
Pattern : Support.
Range : Medium.
Trend strength : Normal.
Buy Above : 49860.
Stop Loss : 49780.
Targets : 49940, 50020, 50100, 50220 and 50400.
Sell below : 49640.
Stop Loss : 49720.
Targets : 49580, 49500, 49380, 49300 and 49280.
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.
Uwaga
Trend line resistance, but above support. 
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