BANKNIFTY 04-12-2023
Daily CPR > Yearly ,Monthly and Weekly CPRs
Weekly CPR > Yearly CPR and Monthly CPR
Monthly CPR > YEARLY CPR
Conclusion : All CPRs are aliened for Bull Market.
point to be noted
1). Weekly CPR is Wide One Expecting Sideways to Moderate Bullish.
2). Election Trigger is Done.
3). Big Gap up Expecting as per Global Market.
4). All Oscillators Shows Overbought in intraday Time Frames.
5). Up side Daily, Weekly and Monthly Selling Zones and also Previous Gap downs.
Intraday :
1) finding Selling Opportunity near Weekly Selling Zone
2)finding Buying Opportunity near Weekly CPR Zone
3). if makes range at least for 1 hr. then up side
Best to avoid trade in today and this week