Mighty Nifty - Aug 8

已更新

Price was moving within a range for the past three days and especially today we had a narrow range move. The patterns seen in chart are range formation, triple top resistance, trend line support and consolidation within the range near resistance zone.
Range : Medium.
Trend strength : Normal.
Buy Above : 24340.
Stop Loss : 24300.
Targets : 24380, 24420, 24460 and 24520.

Sell below : 24260.
Stop Loss : 24300.
Targets : 24220, 24180, 24140 and 24100.

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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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No trend direction. Still below resistance.