📊 NIFTY – Final Intraday CLBS (All Elements)

Spot: ~24,360
Max Pain: 24,700
PCR (OI): 0.71 → Calls heavier
PCR (Vol): 0.87
Regime: Short Gamma / Directional

🟢 Support

24,300 → 24,200 → 24,000 major

🔴 Resistance

24,400 → 24,450 → 24,500

⚙️ Dealer Context

Heavy PE build around 24,300–24,400 → defense attempt

Large CE walls above 24,400–24,500

Gamma negative → moves expand quickly

🎯 Intraday Triggers

Break 24,300 → 24,200 test

Acceptance above 24,450 → short covering toward 24,600

🧭 Bias

➡️ Sell on rise below 24,450

CLBS Note:
Short-gamma days expand moves fast.
Respect levels and wait for order-flow confirmation.

Thik ? 24300 to 400 and 2440 to 24350

24420 to 24300

Short Covering Conditions

Dealers will only cover if:

Trigger 1

24,400 acceptance

Trigger 2

Footprint shows:

positive delta spike

ask lifting

CVD turning up

Trigger 3

Price reclaims VWAP (~24,520 area).

Then we can see a squeeze toward:

24,600 → 24,700

CLBS Ultra Read

Not short covering yet.

Below 24,400 → sellers still in control.

Only above 24,400 acceptance
→ squeeze attempt possible.

Your call yesterday about short gamma behaviour is still playing perfectly.

24300 to 24360 again.

NIFTY 23950 PE

BUY @162-3

SL 150

TGT 172, 185++

165

175

Total slow to in a range. We have taken good rise both side and now moving to play holi. Don’t overtrade if you made good. All the best. See you tomorrow.

All live room memebrs done well so far. Will post 2nd half CLBS of any changes.