BANKNIFTY 22-11-2023
Daily CPR > Yearly ,Monthly but < Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Daily CPR is Narrow and Assending
Conclusion : All CPRs are not aliened for Bull Market. Market looks like sideways.
pl. note that whenever we get closing above gap of 17-11-2023 44205 then we again bullish.
also if market test Monthly CPR and made candlestick pattern in 15 min then again buy
i am Sticking of Buy on dip till 2 continue daily close below monthly CPR
Note : Today CPR narrow and Banknifty Weekly Expiry also so Market looks like Volatile
Daily CPR > Yearly ,Monthly but < Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Daily CPR is Narrow and Assending
Conclusion : All CPRs are not aliened for Bull Market. Market looks like sideways.
pl. note that whenever we get closing above gap of 17-11-2023 44205 then we again bullish.
also if market test Monthly CPR and made candlestick pattern in 15 min then again buy
i am Sticking of Buy on dip till 2 continue daily close below monthly CPR
Note : Today CPR narrow and Banknifty Weekly Expiry also so Market looks like Volatile
Comment:
We may take a Sell Trade below nCL4-nS1 for target of Monthly CPR