BANKNIFTY 23-11-2023
Daily CPR > Yearly ,Monthly but < Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Daily CPR is Very Narrow
Conclusion : All CPRs are Nither aliened for Bull Market nor for Bear Market. Market looks like sideways.
pl. note that whenever we get closing above gap of 17-11-2023 44205 then we again bullish.
also if market test Monthly CPR and made candlestick pattern in 15 min then again buy
i am Sticking of Buy on dip till 2 continue daily close below monthly CPR
Note : Today CPR narrow and Nifty Weekly Expiry also so Market looks like Volatile
Today our imprtant zone
1). WTC - nPR1 act as Selling Zone
2). WPS1 - nCL4 act as Buying Zone
we can't sell below Our today Buying Zone coz below is many support in very narrow range like vergine CPR and WCL4 - nPS2 so in this range market may go sideways.
below this range we bearish.