Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
23,744
Pivot · Center
23,678
BC · Bottom Central
23,613
R1 · Resistance
23,872
PDH 24,003
S1 · Support
23,354
PDL 23,485
CPR Width
Wide
CPR Type
Descending
Bias
Bearish
Range vs 14D ATR
Expansion
(ratio: 1.71)
Close vs Weekly CPR
Bearish
(range: 23,589 – 23,676)
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 · 29 May