Mighty Nifty - Dec 7

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It was a long journey towards 21000. Today price moved in range and also formed a double top. We have RBI meet from today till friday. Chances are there for the expiry to be muted(range move).
Pattern : Double top.
Range : Medium.
Trend strength : Less.
Buy Above : 21020.
Stop Loss : 20980.
Targets : 21060, 21100 and 21140.
Sell below : 20920.
Stop Loss : 20960.
Targets : 20880, 20840 and 20800.

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Expected expiry day range is 20850 to 21050.

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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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Double top in action. istantanea
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Range is forming. istantanea
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Still in range. Full day it may move within it expecting RBI news tomorrow. istantanea
Double Top or Bottom

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