Nifty Bank Index
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Bank Nifty - Jan 10

1 043
We had nearly 900 points move today. Because of this, tomorrow can be a less movement day. Price is moving within a channel. Trend deciding level is 47300.
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 47320.
Stop Loss : 47260.
Targets : 47400, 47480,47560, 47640 and 47720.
Sell below : 47200.
Stop Loss : 47280.
Targets : 47120, 47040, 46960, 46880, 46800 and 46740.

Expected expiry range is 46800 to 47600.

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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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Note
As expected range move so far. snapshot

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