Caapinves

Nifty - Intraday Analysis - 18-01-2021

Caapinves Updated   
NSE:NIFTY   Nifty 50 Index
Nifty all time high is 14653.35 touched on 14-01-2021
Nifty has day high on 15-01-2021 and broken the cpr and breaked the 14-01-2021 low and taken the support of GAP which was closed last week on 08-01-2021 and closed at 14433.70

on monday the expected CPR was

Pivot -14469.70
Bottom CPR - 14487.65
Top CPR - 14451.70

If the script breaks the previous low 14357.85 - then we can go for Short

or

If the Script breaks above the CPR and the target will be 14617 & 14650

Disclaimer: Kindly do your own analysis before executing the trade.
Trade closed: target reached

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