Nifty Pre-Market Report
CPR Battlefield Levels
TC · Top Central
22,947
Pivot · Center
22,897
BC · Bottom Central
22,847
R1 · Resistance
23,157
PDH 23,056
S1 · Support
22,738
PDL 22,637
CPR Width
Wide
CPR Type
Ascending
Bias
Bullish
Range vs 14D ATR
Expansion
(ratio: 1.44)
Close vs Weekly CPR
Strong Bullish
(range: 22,478 – 22,506)
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 · 15 Oct