banknifty 27-10-2023
market opens gap up.
all CPR aliened to bearish momentum
market is over sold so gap up gives some relaxation to it
one retracement is pending so gap up is also good
now what to do
1). don't do anything = BEST
2). let is go up for CH4-S1 selling zone then if shows rejection go for sell side
3). if break Daily CPR then Sell
market opens gap up.
all CPR aliened to bearish momentum
market is over sold so gap up gives some relaxation to it
one retracement is pending so gap up is also good
now what to do
1). don't do anything = BEST
2). let is go up for CH4-S1 selling zone then if shows rejection go for sell side
3). if break Daily CPR then Sell