📊 NIFTY – Ultra Short CLBS | Metaverse

Spot: ~23,715
Max Pain: 24,250
PCR: 0.63 → bearish skew
Regime: Volatility expansion (gap day)

🧲 Key Magnets

⬆️ 23,900 → 24,050
⬇️ 23,650 → 23,500

⚖️ Pivot

23,750

🎯 Scenarios

Above 23,800
→ short covering bounce
→ 23,900 → 24,050

Below 23,700
→ continuation pressure
→ 23,650 → 23,500

Acceptance above 24,050
→ stronger squeeze
→ 24,200

🔴 Supply

23,950 – 24,100

🟢 Support

23,650

📌 CLBS:
Gap regime → wait structure. Trade IBR break.
Until reclaim 23,900, market stays sell on rise.

⚠️ Educational view only. Track live order flow.

23700. Kuch kiya ?

SL 8.40 target 12/16

📌 Ultra Short CLBS

23,700 → support
23,800 → pivot
24,000 → supply

Above 23,900 → squeeze to 24k
Below 23,700 → continuation to 23,600

💡 One interesting thing in your desk:
23,800 has the biggest combined OI today, which usually means that strike is controlling intraday direction.

Friends taking a break. Market is too slow and watch major areas for action.

23700 to 900

Ultra Short CLBS

Above 23,950
→ short covering
→ 24,000 → 24,100

Below 23,900
→ rotation
→ 23,800

This is actually a classic dealer trap zone where the market can move 150–200 points very fast once the flip happens.