Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
22,661
Pivot · Center
22,612
BC · Bottom Central
22,562
R1 · Resistance
22,752
PDH 22,852
S1 · Support
22,372
PDL 22,471
CPR Width
Wide
CPR Type
Descending
Bias
Bearish
Range vs 14D ATR
Expansion
(ratio: 1.37)
Close vs Weekly CPR
Strong Bearish
(range: 23,208 – 23,396)
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 · 23 Mar