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#BANKNIFTY Blueprint for Tom
1) Pivot relationship - Lower Value
2) Pivot Width - Very narrow (CPR - 28015/28018/28021)
3) Range Width - Broad (27839-28215)
4) Cam L3/H3 - 27903/28113
5) Current pivot Vs Close - Closed below Current pivot (bearish)
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1) Pivot relationship - Lower Value
2) Pivot Width - Very narrow (CPR - 28015/28018/28021)
3) Range Width - Broad (27839-28215)
4) Cam L3/H3 - 27903/28113
5) Current pivot Vs Close - Closed below Current pivot (bearish)
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6) Tom's pivot Vs close - Close below Tom's pivot (bearish)
7) Other supports - 27725 / 27683 / 27540 / 27425 / 27280 / 26800 (APART FROM PIVOT SUPPORTS)
8) Other resistances - 28450 / 28580
Possible strategy for Tom
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6) Tom's pivot Vs close - Close below Tom's pivot (bearish)
7) Other supports - 27725 / 27683 / 27540 / 27425 / 27280 / 26800 (APART FROM PIVOT SUPPORTS)
8) Other resistances - 28450 / 28580
Possible strategy for Tom
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Trending / Ranging - Though pivotwidth is very narrow, the Range width is broad. If market finds support at PDL 27835-40, possibly it could open up for a rangebound session to tom's pivot region 28015-28020 or even to Cam H3 28100-115
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Trending / Ranging - Though pivotwidth is very narrow, the Range width is broad. If market finds support at PDL 27835-40, possibly it could open up for a rangebound session to tom's pivot region 28015-28020 or even to Cam H3 28100-115
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