When CPR is narrow we know we get possible break outs but on these days R2 or S2 could become reversal point for bigger move.

CPR will always play major support and resistance.

If Nifty opens at S2 then S1 will be your important change point if it crosses you will see move till CPR or S1 rejected it can go to S2 again or it may even touch S3. The same is vice versa for R 2 and R1

Sharing some important learnings.. you can always back test also if any doubts please ask.

I will share all my CPR learning here. This has given good results in past few months and would definitely can give big results if followed with proper rules. This is not Holygrail and will always have sl but longer term it works and gives superb results. Option writers also can take benefit.

#Nifty- Mid to narrow CPR may remain sideways. Both side movements possible

#Banknifty- Narrower CPR can give some move tomorrow.

As I am sharing my own learnings on CPR and pivot points for basics you can always go through Frank Oshua's book Secrets of Pivot Boss. Will try to do live session on youtube this Friday.

#Nifty- Reversal from R2

Such a volatility difficult to trade, I had taken CE trade and put exit order but it just missed by 10 paisa. Confused with going down then comes and hits my target.

#Nifty- As per the learning shared medium CPR R2/S2 becomes reversal point exact case today

Now long trade only above CPR

As per CPR if you are trading on Nifty you will get only max 3 trades if you follow your rules. I am trying to follow and sometimes I am satisfied with one trade only.

I am expecting rally till R2 then second half either reversal or sideways

What kind of volatility is this

Be very cautious in case if you are on profits better close the system and enjoy the day