Narrow CPR for tomorrow. Expecting market to be trending either upwards or downwards.
But as per the CPR levels, it's above the yesterday's level. It means bullish.
If market opens above CPR TC (17680), and gives bullish green candle in the first 5 minutes closing, can expect movement upwards till 17750 (R1 level).
If market opens below CPR BC (17660), and gives bearish red candle in the first 5 minutes closing, can expect movement downwards till 17585 (Previous day's low).
Note: These are the technical levels as of today. But Global markets are unstable, and anything can happen to our market beyond technical. No one predict exact levels. I am not SEBI registered analyst. Just learning and sharing my views.
But as per the CPR levels, it's above the yesterday's level. It means bullish.
If market opens above CPR TC (17680), and gives bullish green candle in the first 5 minutes closing, can expect movement upwards till 17750 (R1 level).
If market opens below CPR BC (17660), and gives bearish red candle in the first 5 minutes closing, can expect movement downwards till 17585 (Previous day's low).
Note: These are the technical levels as of today. But Global markets are unstable, and anything can happen to our market beyond technical. No one predict exact levels. I am not SEBI registered analyst. Just learning and sharing my views.
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.