Nifty - Analysis for 22-01-2021 - After Expiry Close

Today Nifty has touched the all time high of 14753.55

As per our yesterday video we have mentioned that if the nifty break below
the CPR we can go for Short and as per our analysis the trade was executed.

Nifty was once again breaked the turning point and reached the previous
day low and taken support and closed at the CPR range of 14590.35

Expected CPR Tomorrow:

Pivot 14,620.40
Bottom CPR 14,635.40
Top CPR 14,605.40

Tomorrow analysis:

Case 1:

if the script break above the CPR and reistance of 14660.
then go for Long

Target - 14750

or

Case 2:

if the script break the today day low and close then
go for Short

Target - 14400.

Disclaimer: Kindly do your own analysis before executing the trade.
I am not a registered SEBI Analyst.

Trade chiuso: obiettivo raggiunto