BANKNIFTY 05-12-2023 KURUSHETRA
BANKNIFTY 05-12-2023
Daily CPR > Yearly ,Monthly and Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Conclusion : All CPRs are aliened for Bull Market.
point to be noted
1). Weekly and Daily CPR is Wide One Expecting Sideways to Moderate Bullish.
2). Election Trigger is Done but CM finalization event pending.
3). We can see Monthly Pivot R3 in Daily Selling Zone (nCH4-nPR1) hope it will act as Good Resistance today.
4). oscillators shows Overbought so one profit booking retracement should happened.
Intraday :
1) finding Selling Opportunity near Daily Selling Zone
2)finding Buying Opportunity near Daily Buying Zone
3). if makes range at least for 1 hr. then up side
Daily CPR > Yearly ,Monthly and Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Conclusion : All CPRs are aliened for Bull Market.
point to be noted
1). Weekly and Daily CPR is Wide One Expecting Sideways to Moderate Bullish.
2). Election Trigger is Done but CM finalization event pending.
3). We can see Monthly Pivot R3 in Daily Selling Zone (nCH4-nPR1) hope it will act as Good Resistance today.
4). oscillators shows Overbought so one profit booking retracement should happened.
Intraday :
1) finding Selling Opportunity near Daily Selling Zone
2)finding Buying Opportunity near Daily Buying Zone
3). if makes range at least for 1 hr. then up side
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.