Bank Nifty Narrow CPR (multiple confluence for trendy week)
As mentioned in earlier idea ready to explode ,Bank Nifty coming week is a narrow CPR and it is consider to be trendy week.
multiple confluences whole week compressed and coming week is Narrow CPR.
Week low break one can enter PE, week high breaks one can enter CE. which ever side it goes will be trendy.
Mark Support and Resistance levels of weekly CPR and trade accordingly with intraday how price reacting at support and resistance.
As of now Price trading above monthly CPR ,weekly CPR and daily CPR( Bullish sentiment with CPR ).
multiple confluences whole week compressed and coming week is Narrow CPR.
Week low break one can enter PE, week high breaks one can enter CE. which ever side it goes will be trendy.
Mark Support and Resistance levels of weekly CPR and trade accordingly with intraday how price reacting at support and resistance.
As of now Price trading above monthly CPR ,weekly CPR and daily CPR( Bullish sentiment with CPR ).
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