Price is moving in a descending channel. And also price movement is within the same range for the past 3 days. Daily time frame shows, price is facing trend line resistance. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 45440. Stop Loss : 45360. Targets : 45520, 45600, 45720 and 45800. Sell below : 45220. Stop Loss : 45300. Targets : 45160, 45080, 45000 and 44920.
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Expected expiry day range is 44900 to 45800.
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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.
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