NIFTY 04-04-2022

4 Nis 2022

NIFTY 04-04-2022
INTRADAY RANGE 17887.20 - 17422.85

MARKET IS BULLISH AS PER
1). DAILY CPR
2). WEEKLY CPR
3). RSI DAILY
4). RSI WEEKLY

MARKET IS BEARISH AS PER
1). MONTHLY CPR
2). MONTHLY RSI
3). INTRADAY RSI

Now today we can expect a side ways to up trend market.

so we go for buying opportunities

when to buy
1). when price break down CURRENT DAY CPR and again comes up with sl 15 min close below CURRENT DAY CPR tgt 17813-17887-17985
2). when price break 17422 and comes up above it with sl last swing low below 17422 tgt 17600-17737-17813-17887-17985
3). when market opens GAP DOWN and then crossed above previous day high with sl day low tgt 17813-17887-17985

when to sell
above mention tgt are selling entries if price crossed above this tgt and again comes below this level sell with strict sl 15 min close above this levels

today expectation : sideways to up trend

4 Nis 2022

Not

MARKET OPEN GAP UP NEAR OUR NAKED CPR
AS PER CONCEPT IT SOULD BE GONE FOR SELL SIDE BUT ITS NOT GIVE ANY RED CANDLE SO WE IGNORE BOTH BUY AND SELL TRADE
THEN ITS COMES NEAR ROUND LEVEL 18100 WHERE ONE DOWNTRENDLINE MEET SO WE SELL BELOW 18079 AT 10.10 AM WITH ONE RED CANDLE CONFIRMATION
OUR SL ABOVE THIS CANDLE 5 MIN CLOSE 18112
WE BOOK IT NEAR 18005 WHEN ITS MOVING UPPER SIDE HIT OUR TRAILLING SL

ON SAME TIME WE MADE BUY POSITION ABOVE 18018 FOR TARGET OF DAY HIGH WHICH ACHIVED 18112

BUY SIDE 94 POINTS*50 = 4700
SELL SIDE 74 POINTS *50 =3700