Bank Nifty - Intraday Analysis for 25-Jan-2021
Bank Nifty has all time High of 32842.30
The Index was opened at 32088.00 22-Jan-2021 and touched the
day high of 32131.40.
Expectation on Monday:
CPR:
Pivot 31,472.85
Bottom CPR 31,625.65
Top CPR 31,320.05
Since the CPR was wide, there may be possiblity of
Range bound market.
Range Bound with 30800- 31700
My Expectation:
If day low of 22-jan-2021, breaks below 31100 in
5min time frame, go for Short
Target - 30800
or
If the script moves above the Yesterday above 31650 the cpr
go for the long
Target - 32100
Disclaimer: Kindly do your own analysis before executing
the Trade.
And , I am not a SEBI registered analyst.
The Index was opened at 32088.00 22-Jan-2021 and touched the
day high of 32131.40.
Expectation on Monday:
CPR:
Pivot 31,472.85
Bottom CPR 31,625.65
Top CPR 31,320.05
Since the CPR was wide, there may be possiblity of
Range bound market.
Range Bound with 30800- 31700
My Expectation:
If day low of 22-jan-2021, breaks below 31100 in
5min time frame, go for Short
Target - 30800
or
If the script moves above the Yesterday above 31650 the cpr
go for the long
Target - 32100
Disclaimer: Kindly do your own analysis before executing
the Trade.
And , I am not a SEBI registered analyst.
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