Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
24,053
Pivot · Center
23,996
BC · Bottom Central
23,939
R1 · Resistance
24,186
PDH 24,300
S1 · Support
23,692
PDL 23,805
CPR Width
Wide
CPR Type
Descending
Bias
Bearish
Range vs 14D ATR
Expansion
(ratio: 2.44)
Close vs Weekly CPR
Bearish
(range: 24,104 – 24,215)
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 · 8 Jul