Nifty Analysis of 27-Jan-2021 & Analyzing the Mistake Infosys
Nifty- Intraday Analysis using CPR - 27012021
Nifty has opened with 14479.65 and touched the day
high of 14491.10 which was strong CPR resistance.
The Script has strong supply which break the CPR and previous
day low and touched our target 14250 and touched the day low
of 14218.60 and closes at 14238.90
Analysis for 27-Jan-2021:
The CPR of 22-Jan-2021 has become Virgin CPR it was not broken
today so the virgin CPR will be extended on 27-jan-2021 which
will be acted as strong resistance zone.
CPR was bullish bias as the tomorrow CPR will be above today
day close.
If the script breaks below today low and then we can go for
short.
Target - 14160 - 14150
or if the script breaks above the CPR Target will be 14450.
Disclaimer: Kindly do your own analysis before executing
this trade and I am not a registered SEBI Analyst.
Nifty has opened with 14479.65 and touched the day
high of 14491.10 which was strong CPR resistance.
The Script has strong supply which break the CPR and previous
day low and touched our target 14250 and touched the day low
of 14218.60 and closes at 14238.90
Analysis for 27-Jan-2021:
The CPR of 22-Jan-2021 has become Virgin CPR it was not broken
today so the virgin CPR will be extended on 27-jan-2021 which
will be acted as strong resistance zone.
CPR was bullish bias as the tomorrow CPR will be above today
day close.
If the script breaks below today low and then we can go for
short.
Target - 14160 - 14150
or if the script breaks above the CPR Target will be 14450.
Disclaimer: Kindly do your own analysis before executing
this trade and I am not a registered SEBI Analyst.
Trade closed: target reached
