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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.
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I was long in Nifty yesterday booked 20,600/-
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