BANKNIFTY Weekly Analysis 29 Mar - 04 Apr
Dotted Dark Blue Line - CPR
Dotted Light Blue Line - CPR of Previous Timeframe
Dotted Pink Line - H1,H2
Dotted Brown Line - L1,L2
Black Line - R1,R2(Standard Floor Pivots )
Green Line - S1,S2
Pink line - H3,H4,H5
Brown line - L3,L4,L5
Pivot width's wider than previous week's. -> Ranging market
More likely to oscillate between H3 and L3, though the uptrend may continue.
Buy the dips near CPR unless it is breached.
I will not be posting any more daily index analysis, only monthly and weekly.
Dotted Light Blue Line - CPR of Previous Timeframe
Dotted Pink Line - H1,H2
Dotted Brown Line - L1,L2
Black Line - R1,R2(Standard Floor Pivots )
Green Line - S1,S2
Pink line - H3,H4,H5
Brown line - L3,L4,L5
Pivot width's wider than previous week's. -> Ranging market
More likely to oscillate between H3 and L3, though the uptrend may continue.
Buy the dips near CPR unless it is breached.
I will not be posting any more daily index analysis, only monthly and weekly.
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.
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.