Caapinves

Nifty All time High - Intraday Analysis for 21-Jan-2021

Caapinves Updated   
NSE:NIFTY   Nifty 50 Index
Nifty has touched All time High - 14666.45 on 20-01-2021.
20-01-2021- Day Low was 14517.55 and Closed above 14666.45
As per my Yesterday Analysis, I have explained that if Nifty goes pass 14500 we can go for Long and Target will be 14610.
But nifty not able to close in 14653.35 in Daily basis.

Expected CPR:
Pivot 14,609.57
Bottom CPR 14,592.00
Top CPR 14,627.13

Tomorrow Views:

If Nifty break above and close above 144666.45 in 5min time frame go for Long.

Target - 14750

or
if the nifty breakes the CPR and close below in 5min time frame go for Short.

Target - 14520 (if breaks it below) & 2nd Target - 14440

Disclaimer: Kindly do your own analysis before executing this trade as I am not a registered SEBI Analysist.

Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.