Post Market Analysis dated 15.07.2026

Nifty’s Day CPR is exceptionally narrow at 0.11% (BC 24,090.40 / TC 24,064.83), which historically signals a high-probability trend day — if price opens and sustains above TC at 24,064.83, the directional bias is bullish; if it fails and trades below BC at 24,090.40, the bearish setup activates. Note that the BC (24,090.40) is ABOVE the TC (24,064.83) — this is an inverted CPR, which is a battleground zone signalling significant indecision at the pivot and elevated probability of an aggressive directional break. On the upside, the key Camarilla levels are R3 at 24,088.74 and R4 at 24,125.42 — a sustained break above R3 targets R4, and above R4 opens the Traditional R2 at 24,211.02. On the downside, S3 at 24,015.37 and S4 at 23,978.68 are the critical floors; a break of S3 exposes the Traditional S1 at 23,998.13 and then the psychologically significant 24,000 round number. Today, Nifty gapped up +33.8 pts (+0.14%) but closed entirely inside the prior day’s range (PDH 24,157.10 / PDL 24,023.70) — this is a gap-up and fail-to-extend pattern, which is typically neutral-to-cautiously bearish because the bulls could not convert the opening advantage into a PDH breakout. Tomorrow, the critical open-level watch is the inverted CPR zone (24,064.83–24,090.40): price opening and accepting above 24,090 (BC) with volume would signal a bullish trend day initiation, while an open below 24,064 (TC) that fails to recover by 9:45 AM shifts the bias sharply bearish toward S3 and S4.

Nifty’s Weekly CPR is also narrow at 0.11% (W-BC 24,168.05 / W-TC 24,193.95), reinforcing a trending week bias — the weekly pivot band is tight enough to act as a single decision line rather than a broad value zone. Nifty’s current price action (closing near 24,052 based on today’s activity) is below the W-BC at 24,168.05, which means the weekly bias is technically bearish until price reclaims the weekly CPR band. The key swing target on the upside is a close above W-TC 24,193.95, which would expose W-R1 at 24,556.80 and eventually the weekly high (PDH of the week at 24,530.90). On the downside, the critical swing floor is the Weekly Camarilla S3 at 24,007.33 — a sustained weekly close below this level opens the W-S1 at 23,831.10. The narrow weekly CPR combined with price trading below it creates a classic setup: the week is likely to make a decisive move, and the direction will be determined by whether Nifty can reclaim 24,168 (W-BC) in tomorrow’s session. Note a minor divergence: the daily CPR is inverted (BC > TC), while the weekly CPR is normally positioned (W-BC below W-TC), adding to the battleground character at current levels.

Nifty’s Monthly CPR is wide at 0.56% (M-BC 23,665.88 / M-TC 23,799.12), firmly in the range-bound territory from a monthly perspective — this means positional traders should not expect a runaway trend this month without a significant catalyst. Nifty is currently trading above the Monthly Pivot at 23,732.50 and above the M-TC at 23,799.12, which keeps the positional bias constructively bullish — the broader market structure above these levels favours eventual upside continuation. The monthly bull targets are M-R1 at 24,394.85 (just above the weekly PDH of 24,530.90, creating a convergence resistance zone) and M-R2 at 24,923.95 as the medium-term ceiling. The key positional support to hold is M-TC at 23,799.12 — a monthly close below this level would undermine the bullish positional structure. The OI context reinforces caution: FII’s massive -262,712 futures net short combined with an Overall PCR declining to 0.94 suggests institutional money is not yet convinced of a sustained upside breakout, and the positional thesis remains a cautious ‘hold-above-M-TC and wait for FII capitulation’ rather than an aggressive long-add scenario.

BankNifty’s Day CPR is narrow at 0.12% (BC 57,563.47 / TC 57,496.03), a clear trend-day setup signal — narrow CPR historically compresses the indecision zone and forces a decisive breakout in one direction. The CPR is normally positioned here (BC above TC), but the 67-point inversion (BC 57,563.47 – TC 57,496.03) creates a battleground zone between these two levels where bulls and bears will contest dominance at the open. The Camarilla upside triggers are R3 at 57,614.42 and R4 at 57,766.53 — a sustained break above R3 targets R4, and above R4 aligns with the Traditional R1 at 57,772.60, creating a tight resistance confluence at the 57,766–57,772 zone. On the downside, S3 at 57,310.18 and S4 at 57,158.07 are the critical supports; a break of S3 exposes Traditional S1 at 57,219.45. BankNifty gapped up +181.4 pts (+0.32%) today but, like Nifty, closed entirely inside the prior day’s range (PDH 57,840.05 / PDL 57,286.90) — a gap-up and range-bound absorption pattern that signals neither bulls nor bears commanded the full session. Tomorrow, the open relative to the CPR band (57,496–57,563) is the first decision point: sustained trade above 57,563 (BC) targets R3 at 57,614 and then R4 at 57,766, while failure below 57,496 (TC) rapidly exposes S3 at 57,310.

BankNifty’s Weekly CPR is wide at 0.56% (W-BC 57,565.25 / W-TC 57,885.68), in contrast to Nifty’s narrow 0.11% weekly CPR — this is a meaningful divergence. Where Nifty’s weekly setup signals a trending week, BankNifty’s wide weekly CPR signals a range-bound week with no clear directional conviction at the weekly pivot level. BankNifty’s close near 57,462 is below the W-BC at 57,565.25, placing it outside and below the weekly CPR band entirely — the weekly swing bias is therefore bearish until proven otherwise. For the weekly bias to turn bullish, BankNifty needs a close above W-TC at 57,885.68, which would then target W-R1 at 58,901.53. The downside risk if W-BC continues to cap: W-S1 at 56,869.83 becomes the swing target. This Nifty-BankNifty weekly CPR divergence (Nifty narrow/trending vs BankNifty wide/range) is an important signal that the banking sector may underperform relatively this week — Nifty’s narrower weekly CPR gives it stronger trend potential in either direction compared to BankNifty’s more diffuse weekly setup.

BankNifty’s Monthly CPR is very wide at 1.98% (M-BC 55,866.60 / M-TC 56,984.13), the widest among all three indices — this firmly confirms a range-bound positional environment for BankNifty this month, with no trend-day signals on the monthly timeframe. BankNifty is trading above the Monthly Pivot at 56,425.37 and above the M-BC at 55,866.60, keeping the positional structure marginally bullish, but it remains below the M-TC at 56,984.13 — this is a critical positional nuance: BankNifty is in the lower half of the monthly CPR band, which is a neutral-to-cautious read for positional traders. A monthly close above M-TC at 56,984.13 would activate the positional bull targets of M-R1 at 59,823.58 and M-R2 at 62,104.27. The wide monthly CPR (1.98%) combined with BankNifty trading below M-TC reinforces the assessment that positional traders should wait for a clear monthly close above 56,984 before committing to fresh longs — the risk of a reversion toward M-S1 at 54,144.68 cannot be dismissed given FII’s massive short book. BankNifty’s positional picture is meaningfully weaker than Nifty’s, where Nifty already sits comfortably above its M-TC — this relative weakness in BankNifty is a divergence worth monitoring for sector rotation signals.

Sensex’s Day CPR is narrow at 0.11% (BC 77,314.54 / TC 77,228.47), matching Nifty’s daily CPR width exactly and reinforcing the trend-day setup signal across both headline indices — when both Nifty and Sensex carry identically narrow daily CPRs, the probability of a coordinated directional move tomorrow is elevated. The CPR is inverted (BC 77,314.54 is above TC 77,228.47), creating a 86-point battleground zone that must resolve directionally. The Camarilla upside triggers are R3 at 77,367.88 and R4 at 77,550.33; on the downside, S3 at 77,002.98 and S4 at 76,820.53 are the critical floors. Sensex gapped up +137.8 pts (+0.18%) and, like Nifty and BankNifty, stayed entirely inside the prior day’s range (PDH 77,646.27 / PDL 76,982.82) — all three indices showed the identical gap-up and range-bound absorption pattern today, confirming this was a broad-market indecision session rather than an index-specific event. Tomorrow’s critical watch: Sensex sustaining above 77,314 (BC) targets R3 at 77,367 and R4 at 77,550; failure below TC 77,228 exposes S3 at 77,002 and the psychological 77,000 round number support.

Sensex’s Weekly CPR is narrow at 0.09% (W-BC 77,461.98 / W-TC 77,533.59), making it the narrowest weekly CPR among all three indices — this is close to the ultra-narrow threshold (<0.10%) and is a strong trending-week signal for Sensex specifically. A 0.09% weekly CPR width means the weekly pivot band is virtually a single line, and any sustained acceptance above or below it will trigger a powerful weekly trend. Sensex closed near 77,185 (based on today’s trading context relative to PDC 77,185.43), which places it below W-BC at 77,461.98 — the weekly bias is therefore bearish until Sensex reclaims the weekly CPR band. A weekly close above W-TC at 77,533.59 activates W-R1 at 78,736.53 as the first bull target, and above that W-R2 at 79,903.67. On the downside, W-S1 at 76,330.64 is the critical weekly support if the bear case dominates. The ultra-narrow Sensex weekly CPR combined with near-Nifty alignment (both trading below their weekly CPR bands) confirms the Nifty-Sensex correlation is intact and no meaningful divergence exists between these two at the weekly level.

Sensex’s Monthly CPR is wide at 1.02% (M-BC 75,561.06 / M-TC 76,339.27), signalling a range-bound monthly environment — similar to BankNifty’s wide monthly CPR reading. Sensex is currently trading above the Monthly Pivot at 75,950.16 and just above the M-BC at 75,561.06, but critically remains below M-TC at 76,339.27 — this mirrors BankNifty’s positional situation (trading in the lower half of the monthly CPR band) and contrasts with Nifty, which is already comfortably above its M-TC. This is a meaningful positional divergence: Nifty is the strongest index on the monthly positional timeframe, sitting above M-TC, while both Sensex and BankNifty remain below their respective M-TCs. For Sensex to turn positionally bullish, a monthly close above M-TC at 76,339.27 is required, which then opens M-R1 at 78,581.39 as the medium-term target. The wide monthly CPR (1.02%) means Sensex positional traders should treat the 75,561–76,339 band as a decision zone rather than a simple support or resistance — accumulation within this band is rational, but aggressive positional longs are best initiated only above 76,339 (M-TC) with confirmation.