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#BANKNIFTY Do you know?
BNF Weekly pivots:
BNF weekly pivots has formed an IV (Inside Value) relationship, meaning the weekly pivot for next week's trading is within the weekly pivots that was used for the current week. Now what does this signify?....
…..IV relationship has a higher possibility of market trending (NOT CERTAINITY) either up or down.

BNF Daily pivots:
Daily pivots for nxt day's trading having an HV relationship with prev day's pivots and price has closed above current and next day's pivots. Its meaning?....
…… A possible higher opening UNLESS AND UNTIL PROVEN OTHERWISE.
This is the advantage of pivots. Pivots tell you the possible structure of the markets for the next day / next week / next month. So you always enter into the market with an extra info ….
…. which is not usually known by many. This is definitely an edge. Now how to use this edge. Now that you know two things what others don't know 1) Market could possibly trend next week 2) Market could possibly open with a positive bias next trading day......
…… Positioning yourself for next trading day. Weekly CPR 28023 - 28076 - 28135 ; Daily CPR 27989 - 28057 - 28125; Next day's Cam L3/H3 28048 / 28340; Cmp 28196; Notice the confluence of Cam L3(28048) and Daily CPR(28057). This is called Bullish Golden Pivot Zone (GPZ)…..
…..So you already have an info that 28040-28060 is a strong support zone (GPZ). Also Confluence of weekly CP (28076) and Daily CP (28057) will bring in both swing traders and intraday traders at these levels and provide a possible support. This gives a range of 28040 - 28080 ….
.... Supply zones at 28350 - 28400 in the form of PWH + Weekly upper CPR + Untouched daily pivot + Camarilla R3 ; Next set of supply zones at 28530-28600 in the form of Untouched weekly pivot + PML; 28050 is a strong support zone as of now in the form of GPZ + MTF PZ.
...PWH Prev week high / PML Prev month low / GPZ Golden Pivot Zone / MTF PZ Multi timeframe pivot zone; 16/8 range and pvt wdth are broader ; Hnce prob of market moving within a range is on cards; Strategies - Cam L3/H3 reversal play; GPZ and MTFPZ / Supply zone reversal play
The above strategy (Reversal plays) is valid only on Monday.
L3 and H3 are Camarilla pivots; GPZ is golden pivot zone MTFPZ is multi tf pivot zone. Levels are mentioned above .
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