abgaur01

Golden Pivot zone Formation.

Long
NSE:BANKNIFTY   Nifty Bank Index
If price opens above/near CPR on Monday we can go long from GPZ to H3 and VAH
if Price opens above VAH/Near VAH and shows bearish Price Action, then in that case we will go short till GPZ/CPR and Long on CPR-GPZ as Bulls will definitely defend this zone if price comes to this level then going long should be considered.

NOTE- This is an analysis and does not mean a buy-sell advise to anyone in any manner, please consult your financial advisor before investing. (I am not SEBI Registered Advisor)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.