Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
23,349
Pivot · Center
23,289
BC · Bottom Central
23,229
R1 · Resistance
23,622
PDH 23,502
S1 · Support
23,075
PDL 22,955
CPR Width
Wide
CPR Type
Overlapping
Bias
Neutral
Range vs 14D ATR
Expansion
(ratio: 1.30)
Close vs Weekly CPR
Neutral
(range: 23,337 – 23,708)
Expectation
CPR is wide and yesterday already saw a large move — a digestion day is highly likely. Price is likely to consolidate within the CPR band. Avoid aggressive trades. Let price find balance first.
Breadth, Flows & Positioning · 16 Mar