BANKNIFTY 29-11-2023
Daily CPR > Yearly ,Monthly and Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Daily CPR is Average Width
Conclusion : All CPRs are aliened for Bull Market.
But there is a catch. upside Two major resistance Weekly Selling Zone (WPR1-WCH4) and GAP Zone also one miner resistance Daily Selling Zone.
Also as per Oscillator Market is Oversold in 30 min 1hr,2hr and in daily MA resistance
Intraday
1). Finding sell opportunity near Above said 3 Resistance for target of Daily CPR and Daily Buying Zone
2). Finding buy opportunity near Daily CPR and Daily Buying Zone for Target of Above said Resistance
3). if Break all 3 resistance then is become support so we buy when retest those resistance
Daily CPR > Yearly ,Monthly and Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Daily CPR is Average Width
Conclusion : All CPRs are aliened for Bull Market.
But there is a catch. upside Two major resistance Weekly Selling Zone (WPR1-WCH4) and GAP Zone also one miner resistance Daily Selling Zone.
Also as per Oscillator Market is Oversold in 30 min 1hr,2hr and in daily MA resistance
Intraday
1). Finding sell opportunity near Above said 3 Resistance for target of Daily CPR and Daily Buying Zone
2). Finding buy opportunity near Daily CPR and Daily Buying Zone for Target of Above said Resistance
3). if Break all 3 resistance then is become support so we buy when retest those resistance