BANKNIFTY INDEX FUTURES

BANKNIFTY 15-11-2023 KURUSHETRA

84
BANKNIFTY 15-11-2023

Daily CPR > Yearly ,Monthly, Weekly CPRs

Weekly CPR > Yearly CPR and Monthly CPR

Monthly CPR > YEARLY CPR

Conclusion : All CPRs are aliened for Bull Market.

Upside there is many resistance is very short range
1st resistance Daily Selling Zone (DCH4-DPR1)
2ND resistance Weekly Selling Zone (WCH4-WPR1)
3RD resistance Monthly Selling Zone (MCH4-MPR1)
Same on Downside there is Many Continuous Support
1st Support Daily CPR
2nd Support Weekly CPR
3rd Support Monthly CPR (is become weekly due to many times testing)

Conclusion :
Last line of Défense for bull is Monthly CPR. Only think for sell below this zone
In intraday we think for buy from daily/weekly CPR

Yesterday Market closed in India but open in International Market.
looks like open huge gap up so I am firstly interested in sell side once its taking support from any pivot zone I will go for buy opportunities.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.