CPR very wide indicating a possibility of sideways movement confined between H2 and L2, may go lower. PNB @ 59 is a very strong support which has not been broken in last 11-12 years. If that price is not breached, expect a rebound upwards in few months.
Central Pivot Range below than previous month's, indicating bearish sentiment. Opening between H3 and L3, H3 being very strong resistance. Will reach L3 once, but more bearish movement can be expected. Disclaimer: The indicators, strategies, columns, articles and all other features discussed here are for educational purposes only and should not be construed as...
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...
Strong resistance near 89.5. Go short near 90. Tickr opened between H2 and L2. PNB most likely to oscillate between H2 and L2. L3 could be reached by the end of the month.
Narrow CPR -> Trending market likely Opened between H3 and L3. Likely to oscillate between and H3 and BC(the bottom most dotted blue line) Go short at H3 May also touch L3. Previous month was a consolidating market. Now, hope to see some action soon. If H3 is broken and sustained, use it to go LONG. In this month, Lok Sabha election's result will be announced...
Triangle formation over long term..huge breakout move possible!!
CPR and Third Layer of Camarilla Pivots are wider than previous month's -> Sideways market(likely) Short @ R1/H3 and Long @ CPR/L3 Dotted layers can be used for reference for sideways market. BANKNIFTY also opened withing H3 and L3, indicating a likely ranging market b/w H3 and L3. If H4/L4 is breached and sustained, H5/L5 should be the target.
Strong Bullish move very likely in few days. Inspired from Tradingshiksha(link given below)
This month's pivot are wider than previous month's indicating a sideways market for PNB. Short @ R1/H3 if not they are not breached within few days and Long @ L3/CPR. Dotted layers(H1,H2,L1,L2) will be the layers over which the PNB is likely to move. If CPR(Dashed Blue Lines) is breached and sustained, S2/L5 should be your short target. PNB opened between H3...
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...
Bearish if 11380 is not crossed during the entire dat
Pivots are both narrow and below previous day's -> BEARISH and TRENDING (likely) 29340 is a critical level as it's weekly L4. If it is not crossed within the day, 29126 should be the level to reached within few days.
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 Bearish outlook if market opens below CPR and sustains it for 15 min
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 Market looks bearish Both CPR and third layer below previous day's Trading plan: 1.) If index opens below CPR/H3 and sustains...
Third layer and CPR above than the previous week's -> BULLISH CPR and third layer pivot width is narrower than previous week's -> TRENDING Trading plan: 1.) If index opens above L3, if will touch H3 once. 2.) If index opens below CPR, there may be huge sell off.
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 The third layer is BELOW the previous day's -> Bearish outlook Both pivots and third layer are narrower -> Trending Trading...
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 Both Third layers and CPR are above previous week's -> BULLISH (likely) Both of them are narrower than previous week's ->...
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 Moderately bullish, pivots are wide-> sideways likely Trading plan: 1.) If index opens between H3 and L3 and is rejected at...