Will Nifty End Higher on Month end?

28 Jan 2021

Will Nifty End Higher on Month end?

Nifty has opened at 13810.40 and touched the day high of
13898.25.

The Index was already opened below yesterday day low and
broke the support of the Pivot and reached the low of
13713.25 which was S2 and the index bounced back after the
profit booking and index expiry and closed at 13817.55

What will be Nifty tomorrow? Will be end Higher?

Expected CPR: 13805.75 & 13813.65
Pivot: 13809.70

Support and Resistance:

R1 - 13906.15 S1- 13721.15
R2 - 13994.70 S2- 13624.70
R3 - 14179.70 S3- 13439.70

Expectation:

If the Nifty breaks today High, we can go for Long
Target - 14000 & 14100

or

If the Nifty breaks today low, we can go for Short,
Target - 13600 and 13500.

Disclaimer: Kindly do your own analysis before executing the trade.

29 Jan 2021

Trading ditutup: target tercapai

13600 Target Reached