Nifty for Intraday (Sep 7)
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.
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.