How NIFTY Support, Resistance, and CPR Pivot Levels Work

Mastering Support, Resistance & Pivot Levels

Technical market levels provide clear mathematical reference points for intraday entry, stop loss placement, and target projection.

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1. Central Pivot Range (CPR)

The Central Pivot Range is one of the most powerful price action tools used by professional index traders. It consists of three levels:

1. Pivot Point (P): $\frac{\text{High} + \text{Low} + \text{Close}}{3}$
2. Bottom Central (BC): $\frac{\text{High} + \text{Low}}{2}$
3. Top Central (TC): $(\text{Pivot} - \text{BC}) + \text{Pivot}$

CPR Width Analysis:

• Narrow CPR: The distance between TC and BC is very tight (<0.15%). This signals high likelihood of an aggressive directional trending day.
• Wide CPR: The distance between TC and BC is broad (>0.45%). This signals a range-bound, sideways session where prices frequently revert to the pivot.
• Virgin CPR: A CPR range that price never touches during the entire trading day. In future sessions, a Virgin CPR acts as a strong magnetic support or resistance zone.

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2. Classic Floor Pivots ($R_1-R_3, S_1-S_3$)

• Pivot: Primary equilibrium line dividing bullish and bearish bias.
• $R_1, R_2, R_3$: Key progressive upside resistance and profit-taking targets.
• $S_1, S_2, S_3$: Key progressive downside demand barriers where buyers are likely to defend.