Nifty Analysis for Intraday for 20-Jan-2021Nifty all time High 14653.35
15-Jan-21 - High - 14617.45
19-Jan-21 - Day High - 14546.05 & Day Low - 14350.85
19-Jan-21 - Virgin CPR as the script does not break the CPR
Expected CPR Tomorrow:
Pivot 14,472.70
Bottom CPR 14,448.45
Top CPR 14,496.95
Tomorrow:
If the script breaks the CPR and Close below in 5min time frame:
go for Short - Target - 14370
or
If the Script breaks the 19-Jan-21 High and close above in 5 min time frame
go for Long - Target - 14610.
Disclaimer: Kindly do your own analysis before executing this trade.
Pivot Points
Intraday Analysis - Intraday Stock: HDFC Bank LTD - AnalysisIntraday Stock: HDFC Bank LTD - Analysis
HDFC Bank Ltd reached the script high of 1496.9 on 13th Jan 2021.
This High was not yet broken till now.
On 14th Jan 2021, the stock has high 1488.00 and touched day low 1456 and Closed 1474.
on 15th Jan 2021, the stock breaked the day low of 14Jan21 which turned to be the turing point and stock taken the support of 1hr time frame at 1445 which turn to be day low & Closed at 1466.65.
On Monday, Trading Stratergy:
CPR will be (Expected):
Pivot - 1461.10
Bottom CPR - 1458.35
Top CPR - 1463.90
If Script Closes above 15th Day high 1472. Go for Long.
Target - 1488
Support will be CPR
or
If the script break the CPR - then short;
Target - 1445.
Disclaimer: Kindly do your own analysis before executing the trade.
Nifty - Intraday Analysis - 18-01-2021Nifty 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.
Nifty & Bank Nifty - Opening Trade Ideas for 12 Jan 2020Nifty & Bank Nifty - Opening Trade Ideas for 12 Jan 2020
The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.
You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected targets in the direction of the trend.
Happy Trading !
Indicator used : tradershedge
Intraday SetUp For Dabur 3rd Jan 2020Buy(H4 Breakout)
If in Dabur, the 1st Candle which touches the H4 ie around 462.4 and its next candle is also Bullish and closed above H4 then enter on BUY side around 462.4 with Target around H5 (464.3) and Stop Loss around H3 (461.25).
Buy (L3 reversal)
If Price action is around L3 levels are not able to go below then look for Trend reversal candles. See the 1st Candle which touches the L3 levels Confirmation Candles close should CLOSE Higher than Previous Candle and its low should also be higher than L3 levels then enter BUY side around 458.95 with Target around H3 (461.25) and Stop Loss around L4 (457.8).
Sell (H3 Reversal)
If the Price action around H3 levels are not able to Go above then look for reversal candles, Confirmation candle HIGH should be less than H3 levels and its CLOSE should be less than Previous Candle CLOSE. Sell around H3 ie 461.25 with Target at L3 (458.95) and SL at H4 (462.4).
Sell (L4 Brealout)
If the prices fall below L4 level ie CLOSE is below 457.8 enter SELL position with Target around L5 (455.9) and SL (458.95)
AVANTI Feeds, Pivotal Points & the safe zone to buyNSE:AVANTIFEED Stock falling sharply. If we see Monthly/ Yearly Pivotal confluence zones, It is somewhere around 1050 Zone. BUt if we take Fibo levels, If stock bounces from 0.618 zone i.e 1450 area, Safe buy would be above 2350 as per AB=CD Fibo theory. Also see how stock found Resistance near Fibo Yearly Pivotal R1 zone.
Also 1 always gets the clue. In this scenario RSI was making Higher lows while stock was hitting Higher highs in monthly charts. There was your clue to book the profits or trail your stops (If you're holding in your portfolio).