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abhijitgujarathi15
Aug 10, 2019 6:32 AM

Nifty and bank nifty CPR tutorial. Education

Nifty 50 IndexNSE

Description

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.
Comments
bhalpani60
How can I now about daily cpr chart?
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