BANKNIFTY INDEX FUTURES

BANKNIFTY 03-11-2023 KURUSHETRA

113
Banknifty 03-11-2023

Monthly Weekly and Daily CPRs are all above Yearly CPR
Monthly CPR is above Weekly and Daily CPRs
Weekly CPR is below Daily CPR
Daily CPR is above Weekly and In between Monthly CPR.

CONCLUSION :
No clear Direction only if market Crossed and Sustain above Monthly CPR then go for buy on positional basis.
in intraday Monthly CPR upper level act as resistance so we can plan a Bearish trade after rejection also if not there then nCH4 -nPS1 zone act as resistance we can try there too
if its come near weekly CPR and getting support bullish for above said resistance

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