Nifty CPR is a bit squeezed for tomorrow which means it is weak. Not expecting a massive fall despite the 2 days relation says its a moderate bearish signal. Selling the rips is recommended for tomorrow. Any close between 9080 to 9130 can build a little confidence in buying.
Close below 8790 spot-on can be a bit more bearish.
Bank nifty is also signalling slightly bearish view for tomorrow and its super-duper demand zone is at 18650 to 18750.
Today's low will play an important role in bank nifty. 19100 to 19250 are strong supports. Again the same levels are on board that of the previous week.
Close below 8790 spot-on can be a bit more bearish.
Bank nifty is also signalling slightly bearish view for tomorrow and its super-duper demand zone is at 18650 to 18750.
Today's low will play an important role in bank nifty. 19100 to 19250 are strong supports. Again the same levels are on board that of the previous week.
Trade active:
I was long in Nifty yesterday booked 20,600/-