Nifty and bank nifty CPR tutorial.

In banknifty we can clearly see that it has given a close above CPR and its R1. Whenever the prices close above the CPR and/or R1 it is said that prices move up.

In nifty it has given a close above CPR and weekely central pivot. So again an upmove is expected.
Buy on dips is suggested for the coming session on 13/8/2019.
CPR and pivots are marked with blue arrows on a daily chart. Hollow candles can be used just to see where the exact pivot is inside the candle.
Thank you.
BANKNIFTYChart PatternsCPRNIFTYTrend Analysis

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