Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
22,921
Pivot · Center
22,874
BC · Bottom Central
22,827
R1 · Resistance
22,986
PDH 23,080
S1 · Support
22,668
PDL 22,762
CPR Width
Wide
CPR Type
Descending
Bias
Bearish
Range vs 14D ATR
Expansion
(ratio: 1.73)
Close vs Weekly CPR
Strong Bearish
(range: 23,179 – 23,255)
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 · 28 Sep