Sorry for late posting, I was giving my final semester exams so i couldn't publish the analysis.
Opening between H3 and L3.
Central Pivot Range is very wide indicating sideways market after huge movements previous month.
BANKNIFTY most likely to oscillate between H2 and L2.
Critical support around L3 i.e. 30450. Any sustained breaching of this level would like to huge selloff.
Disclaimer: The indicators, strategies, columns, articles and all other features discussed here are for educational purposes only and should not be construed as investment and/or trading advice/tips.
Opening between H3 and L3.
Central Pivot Range is very wide indicating sideways market after huge movements previous month.
BANKNIFTY most likely to oscillate between H2 and L2.
Critical support around L3 i.e. 30450. Any sustained breaching of this level would like to huge selloff.
Disclaimer: The indicators, strategies, columns, articles and all other features discussed here are for educational purposes only and should not be construed as investment and/or trading advice/tips.