BANKNIFTY 04-12-2023 KURUSHETRA

4 Ara 2023

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

4 Ara 2023

Not

looks like taking support at weekly selling zone 3rd condition mate

4 Ara 2023

Not

remember 11 am low is most important if its break down side satrted