CPR Indicator helps you analyze the market in a very simple and effective way. No complex formula or analysis is required for market analysis.
Here we can see that with the help of Leega CPR indicator we can clearly identify key areas for trading on the chart, like Virgin CPR, Narrow range CPR, PDH reversal and Value Area identification. If we are able to mark out...
On Friday nifty bank open with big bullish candle but instead of going upside it reversed the main reason is virgin cpr so that why always mark virgin cpr on your chart as it acts as support and resistance
Nifty index did not touch the pivot lines and traded below the CPR lines for the entire day, and hence formed a Virgin CPR. So, you can expect the Nifty to reverse the trend tomorrow (03 Aug 2020) and hit today's CPR lines before reversing back at 11100.