Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
23,155
Pivot · Center
23,104
BC · Bottom Central
23,053
R1 · Resistance
23,277
PDH 23,379
S1 · Support
22,829
PDL 22,930
CPR Width
Wide
CPR Type
Descending
Bias
Bearish
Range vs 14D ATR
Expansion
(ratio: 1.82)
Close vs Weekly CPR
Bearish
(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 · 19 Mar