Banknifty Rejection from psychological level with narrow CPR
Today Narrow CPR has formed and whenever
narrow CPR formed then most of time market
is trending. This was 1st conviction to trade
breakouts/breakdowns.
The 2nd conviction to sell was that price opened
below40500 PSY level and rejected twice from it.
So after breakdown entry should be triggered.
narrow CPR formed then most of time market
is trending. This was 1st conviction to trade
breakouts/breakdowns.
The 2nd conviction to sell was that price opened
below40500 PSY level and rejected twice from it.
So after breakdown entry should be triggered.