BANKNIFTY 20-12-2023 KURUSHETRA

19 déc. 2023

BANKNIFTY 20-12-2023 KURUSHETRA

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).Selling Zones Marks in Red and Buying Zones Marked in Green
2). Daily CPR in Weekly CPR
3). Daily CPR is Narrow
4). on 20-12-2023 Banknifty Weekly Expiry

Conclusion : Very Volatile session expected.


Conclusion:
1). Market is sideways to up trend.
2). Ignore intraday trads is Weekly CPR
3). Whenever price go above Weekly CPR defiantly We take bullish Trade
4). Ignore Sell Trade at least to close 1 daily candle below Weekly CPR

20 déc. 2023

Note

Let it close one 15 min candle above marked red zone

21 déc. 2023

Note

Resistance Becomes Support and Support Become Resistance
yes it may work as resistance
One sell side trade probability high