BANKNIFTY 16-11-2023 KURUSHETRA

BANKNIFTY 16-11-2023

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 two main resistance
1st resistance Daily Selling Zone (DCH4-DPR1)
2nd resistance Monthly Selling Zone (MCH4-MPR1)

Same on Downside there is two important Support Zone
1st Support Daily CPR
2nd Daily Buying Zone (nPS1-nCL4)

Conclusion :
Big move upside will see after breakout of 2nd resistance Monthly Selling Zone (MCH4-MPR1)
Big move downside will see after breakdown of 2nd Daily Buying Zone (nPS1-nCL4)
but on downside multiple small support we may see tp only scalp downside

Daily CPR is Narrow in Nature also today is nifty expiry expecting a volatile movement
i am Sticking of Buy on dip