Nifty View For 15th April

Points to note down:
1. CPR Relationship: Overlapping Higher Value
2. VA Relationship: Overlapping Higher Value
3. Camarilla Relationship: Overlapping Higher Value
4. Normal CPR Width
5. Little bit wide VA
6. Normal Camarilla Width

Bullish Outlook.

Trade Setups:
1. If opens above VA and within Prior Day Range:
Wait for signs of reversal at VAH / S3 / CPR High and Go Long

2. If opens above POC:
Wait for signs of reversal at POC / VAL, and Go Long

3. If opens above VA and above Prior Day Range:
a. If any 2 consecutive 5min candles in the first 3 candles are closing higher, Go Long
b. Wait for a reversal at CPR High / S3 / VAH, if the price falls back into the Prior Day Range.

4. If opens below VAL:
This is a strong rejection of the bullish view. Go short if any 2 consecutive 5min candles in the first 3 candles are closing lower.