BANKNIFTY 16-11-2023
Daily CPR > Yearly ,Monthly, Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Conclusion : All CPRs are aliened for Bull Market.
Upside there is two main resistance
1st resistance Daily Selling Zone (DCH4-DPR1)
2nd resistance Monthly Selling Zone (MCH4-MPR1)
Same on Downside there is two important Support Zone
1st Support Daily CPR
2nd Daily Buying Zone (nPS1-nCL4)
Conclusion :
Big move upside will see after breakout of 2nd resistance Monthly Selling Zone (MCH4-MPR1)
Big move downside will see after breakdown of 2nd Daily Buying Zone (nPS1-nCL4)
but on downside multiple small support we may see tp only scalp downside
Daily CPR is Narrow in Nature also today is nifty expiry expecting a volatile movement
i am Sticking of Buy on dip
Daily CPR > Yearly ,Monthly, Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Conclusion : All CPRs are aliened for Bull Market.
Upside there is two main resistance
1st resistance Daily Selling Zone (DCH4-DPR1)
2nd resistance Monthly Selling Zone (MCH4-MPR1)
Same on Downside there is two important Support Zone
1st Support Daily CPR
2nd Daily Buying Zone (nPS1-nCL4)
Conclusion :
Big move upside will see after breakout of 2nd resistance Monthly Selling Zone (MCH4-MPR1)
Big move downside will see after breakdown of 2nd Daily Buying Zone (nPS1-nCL4)
but on downside multiple small support we may see tp only scalp downside
Daily CPR is Narrow in Nature also today is nifty expiry expecting a volatile movement
i am Sticking of Buy on dip
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.