Mighty Nifty - 22nd Jan

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Price was moving in a range for the past 2 days. And now it is at the important support zone..
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 21620.
Stop Loss : 21580.
Targets : 21660, 21700, 21740 and 21780.
These levels are derived based on the assumption that price will take support from 21600 and break the 2 days range move.
Sell below : 21480.
Stop Loss : 21520.
Targets : 21440, 21400 and 21360.

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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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Nota
Jann 22 - Trading holiday.
Nota
Trend line resistance. istantanea
Nota
Support. istantanea
Trend Analysis

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