BANKNIFTY INDEX FUTURESUpdated BANKNIFTY 22-11-2023 KURUSHETRA
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
Note
We may take a Sell Trade below nCL4-nS1 for target of Monthly CPR
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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.