Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
23,575
Pivot · Center
23,527
BC · Bottom Central
23,480
R1 · Resistance
23,741
PDH 23,645
S1 · Support
23,409
PDL 23,314
CPR Width
Wide
CPR Type
Ascending
Bias
Bullish
Range vs 14D ATR
Expansion
(ratio: 1.64)
Close vs Weekly CPR
Bullish
(range: 23,392 – 23,443)
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 · 12 Jun