SlideShare a Scribd company logo
1 of 12
PRE MARKET ANALYSIS
OF
NIFTY AND BANKNIFTY
DATE โ€“ 23-08-2023 DAY - WEDNESDAY
NIFTY โ€“ yesterday, market stayed in the IB range forming a
typical day. After making doji bullish reversal pattern on daily
timeframe market made a small red candle in previous session.
TWO DAY CPR RELATIONSHIOP
higher value Bullish
Width average
SCRIPT โ€“ market after making bullish reversal pattern is still
bullish even after making a red candle yesterday, see the closing
of the red candle on daily timeframe is still above the bullish
candle. Market has higher probability to be in bullish mode, so
look for the opportunity in bullish trend.
BANKNIFTY โ€“ on daily time frame, market made a small red
candle in previous session and didnโ€™t given closing below the
previous doji candle, as market is still in confusing zone and given
any clear sign.
TWO DAY CPR RELATIONSHIOP
higher value
bullish
width wider
SCRIPT โ€“ market is still in indecision and consolidating its
like bank nifty is in wait and watch mode.

More Related Content

More from Smash Fintech

23-01-024 Post market analysis.pptx.....
23-01-024 Post market analysis.pptx.....23-01-024 Post market analysis.pptx.....
23-01-024 Post market analysis.pptx.....
Smash Fintech
ย 

More from Smash Fintech (20)

15 March 2023 Nifty and Banknifty pre market analysis.pptx
15 March 2023 Nifty and Banknifty pre market analysis.pptx15 March 2023 Nifty and Banknifty pre market analysis.pptx
15 March 2023 Nifty and Banknifty pre market analysis.pptx
ย 
14 March 2024 Nifty and Banknifty post market analysis.pptx
14 March 2024 Nifty and Banknifty post market analysis.pptx14 March 2024 Nifty and Banknifty post market analysis.pptx
14 March 2024 Nifty and Banknifty post market analysis.pptx
ย 
14 Mrach 2024 Nifty and Banknifty pre market analysis.pptx
14 Mrach 2024 Nifty and Banknifty pre market analysis.pptx14 Mrach 2024 Nifty and Banknifty pre market analysis.pptx
14 Mrach 2024 Nifty and Banknifty pre market analysis.pptx
ย 
13 March 2024 Nifty and Banknifty pre market analysis.pptx
13 March 2024 Nifty and Banknifty pre market analysis.pptx13 March 2024 Nifty and Banknifty pre market analysis.pptx
13 March 2024 Nifty and Banknifty pre market analysis.pptx
ย 
12 March 2024, Post market analysis of Nifty and Banknifty.pptx
12 March 2024, Post market analysis of Nifty and Banknifty.pptx12 March 2024, Post market analysis of Nifty and Banknifty.pptx
12 March 2024, Post market analysis of Nifty and Banknifty.pptx
ย 
25 January 2024 Nifty and Banknifty pre market analysis.pptx
25 January 2024 Nifty and Banknifty pre market analysis.pptx25 January 2024 Nifty and Banknifty pre market analysis.pptx
25 January 2024 Nifty and Banknifty pre market analysis.pptx
ย 
23-01-024 Post market analysis.pptx.....
23-01-024 Post market analysis.pptx.....23-01-024 Post market analysis.pptx.....
23-01-024 Post market analysis.pptx.....
ย 
1 September 2023 post market analysis.pptx
1 September 2023 post market analysis.pptx1 September 2023 post market analysis.pptx
1 September 2023 post market analysis.pptx
ย 
30 August 2023 pre market analysis.pptx
30 August 2023 pre market analysis.pptx30 August 2023 pre market analysis.pptx
30 August 2023 pre market analysis.pptx
ย 
29 August 2023 post market analysis.pptx
29 August 2023 post market analysis.pptx29 August 2023 post market analysis.pptx
29 August 2023 post market analysis.pptx
ย 
29 August 2023 pre market analysis.pptx
29 August 2023 pre market analysis.pptx29 August 2023 pre market analysis.pptx
29 August 2023 pre market analysis.pptx
ย 
28 August 2023 post market analysis.pptx
28 August 2023 post market analysis.pptx28 August 2023 post market analysis.pptx
28 August 2023 post market analysis.pptx
ย 
24 August pre market analysis.pptx
24 August pre market analysis.pptx24 August pre market analysis.pptx
24 August pre market analysis.pptx
ย 
22 August 2023 post market analysis.pptx
22 August 2023 post market analysis.pptx22 August 2023 post market analysis.pptx
22 August 2023 post market analysis.pptx
ย 
21August 2023 post market analysis.pptx
21August 2023 post market analysis.pptx21August 2023 post market analysis.pptx
21August 2023 post market analysis.pptx
ย 
21st August 2023 pre market analysis.pptx
21st August 2023 pre market analysis.pptx21st August 2023 pre market analysis.pptx
21st August 2023 pre market analysis.pptx
ย 
18th August 2023 post market analysis.pptx
18th August 2023 post market analysis.pptx18th August 2023 post market analysis.pptx
18th August 2023 post market analysis.pptx
ย 
14th August 2023 pre market analysis.pptx
14th August 2023 pre market analysis.pptx14th August 2023 pre market analysis.pptx
14th August 2023 pre market analysis.pptx
ย 
post market analysis format.pptx
post market analysis format.pptxpost market analysis format.pptx
post market analysis format.pptx
ย 
10th August
10th August 10th August
10th August
ย 

Recently uploaded

VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 
CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...
priyasharma62062
ย 
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
roshnidevijkn ( Why You Choose Us? ) Escorts
ย 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
ย 
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
dipikadinghjn ( Why You Choose Us? ) Escorts
ย 

Recently uploaded (20)

Strategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationStrategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate Presentation
ย 
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday ...
ย 
CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 No 1 Vipp HIgh...
ย 
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
ย 
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
ย 
Airport Road Best Experience Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 Santacruz MOst Es...
Airport Road Best Experience Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 Santacruz MOst Es...Airport Road Best Experience Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 Santacruz MOst Es...
Airport Road Best Experience Call Girls Number-๐Ÿ“ž๐Ÿ“ž9833754194 Santacruz MOst Es...
ย 
Business Principles, Tools, and Techniques in Participating in Various Types...
Business Principles, Tools, and Techniques  in Participating in Various Types...Business Principles, Tools, and Techniques  in Participating in Various Types...
Business Principles, Tools, and Techniques in Participating in Various Types...
ย 
Q1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfQ1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdf
ย 
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
ย 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
ย 
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune โ‚น7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
ย 
Vasai-Virar High Profile Model Call Girls๐Ÿ“ž9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls๐Ÿ“ž9833754194-Nalasopara Satisfy Call ...Vasai-Virar High Profile Model Call Girls๐Ÿ“ž9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls๐Ÿ“ž9833754194-Nalasopara Satisfy Call ...
ย 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
ย 
cost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptxcost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptx
ย 
Cybersecurity Threats in Financial Services Protection.pptx
Cybersecurity Threats in  Financial Services Protection.pptxCybersecurity Threats in  Financial Services Protection.pptx
Cybersecurity Threats in Financial Services Protection.pptx
ย 
W.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdfW.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdf
ย 
Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )
Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )
Vip Call US ๐Ÿ“ž 7738631006 โœ…Call Girls In Sakinaka ( Mumbai )
ย 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
ย 
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
ย 
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai ๐Ÿ’ง 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
ย 

23 August 2023 pre market analysis.pptx

  • 1.
  • 2. PRE MARKET ANALYSIS OF NIFTY AND BANKNIFTY DATE โ€“ 23-08-2023 DAY - WEDNESDAY
  • 3. NIFTY โ€“ yesterday, market stayed in the IB range forming a typical day. After making doji bullish reversal pattern on daily timeframe market made a small red candle in previous session.
  • 4.
  • 5. TWO DAY CPR RELATIONSHIOP higher value Bullish Width average
  • 6.
  • 7. SCRIPT โ€“ market after making bullish reversal pattern is still bullish even after making a red candle yesterday, see the closing of the red candle on daily timeframe is still above the bullish candle. Market has higher probability to be in bullish mode, so look for the opportunity in bullish trend.
  • 8. BANKNIFTY โ€“ on daily time frame, market made a small red candle in previous session and didnโ€™t given closing below the previous doji candle, as market is still in confusing zone and given any clear sign.
  • 9.
  • 10. TWO DAY CPR RELATIONSHIOP higher value bullish width wider
  • 11.
  • 12. SCRIPT โ€“ market is still in indecision and consolidating its like bank nifty is in wait and watch mode.