Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
23,602
Pivot · Center
23,554
BC · Bottom Central
23,506
R1 · Resistance
23,791
PDH 23,696
S1 · Support
23,413
PDL 23,317
CPR Width
Wide
CPR Type
Descending
Bias
Bearish
Range vs 14D ATR
Normal
(ratio: 1.21)
Close vs Weekly CPR
Bullish
(range: 23,630 – 23,639)
Expectation
CPR is wide and yesterday's range was typical — no directional edge. A sideways session is most likely. Trade reversals from TC and BC edges. Avoid chasing breakouts above R1 or below S1.
Breadth, Flows & Positioning · 18 May