The pre-market analysis discusses the Nifty and Banknifty indexes for the day. For Nifty, a doji candle was formed the previous session, indicating continued indecision. The two-day CPR relationship for Nifty shows a higher value and very narrow width, which is bullish. For Banknifty, a strong bullish move occurred the previous session as seen by a large bullish daily candle. Its two-day CPR relationship has a higher value, bullish signal, and wide width.

2. PRE MARKET ANALYSIS
OF
NIFTY AND BANKNIFTY
DATE – 29-08-2023 DAY - THURSDAY

3. NIFTY – in the previous session nifty on daily time frame
made a doji candle. Indecision continue in nifty.

5. TWO DAY CPR RELATIONSHIOP
higher value Bullish
Width very narrow

7. BANKNIFTY – market made a strong bullish move, in
previous session as you can see a big bullish candle on daily
timeframe.

9. TWO DAY CPR RELATIONSHIOP
higher value
bullish
width wide