CPR Trading Book by Anil Hanegave: What You Will Learn

Most traders meet CPR through a YouTube clip or a single indicator on TradingView. They plot three lines, trade the first touch, and wonder why it works on some days and fails on others. The lines are not the problem. The missing piece is a framework for deciding which CPR days deserve a trade at all.

That gap is what my CPR trading book, Leading Indicator for Intraday Trading, is meant to close. This page explains what the book covers, walks through the CPR concepts you should understand before opening it, and lists every place you can read or buy it.

What is the CPR trading book?

The CPR trading book is Leading Indicator for Intraday Trading, a Trading Direction title that presents the Central Pivot Range as a way to read intraday market structure. It sits in a collection of nine books by Anil Hanegave covering intraday trading, CPR, price action, options, swing trading and trading psychology.

The full collection, with every buying link, is on the Trading Direction books page.

What you will learn from the book

You will learn how to use the Central Pivot Range as a structured way to read intraday price behaviour, instead of treating it as three lines to trade blindly. Based on the book's description, the focus is on these areas:

• How CPR works as a framework for reading intraday market structure
• How to spot trading opportunities using CPR levels
• How CPR combines with price action, including trap zones (highlighted in the Hindi edition)
• Core intraday concepts a beginner needs before risking real capital

Check the sample or "Look Inside" preview (see below) for the exact chapter list of your edition, since editions can differ.

CPR concepts explained in depth

CPR is calculated from three numbers of the previous session: high (H), low (L) and close (C). These are the foundation concepts the framework builds on.

The three CPR levels

Pivot (P) = (H + L + C) / 3
Bottom Central (BC) = (H + L) / 2
Top Central (TC) = (P − BC) + P

Many pivot tools also plot R1 = 2P − L and S1 = 2P − H as the first resistance and support beyond the range.

Narrow vs wide CPR

A narrow CPR means TC and BC sit close together, which traders often read as a sign that price may trend. A wide CPR means a broad zone, which often goes with rotational, range-bound trade. In the example above the width is only about 26.7 points, so compared with recent sessions it would look narrow. There is no single universal cut-off; compare today's width with the last 5–10 sessions.

CPR relation to the previous day

Comparing today's CPR with yesterday's tells you where value is shifting. Higher CPR suggests bullish bias, lower CPR suggests bearish bias, and overlapping CPR suggests indecision. Treat this as context, never as a signal on its own.

How to trade CPR levels: entry, stop loss, target

A CPR trade needs confirmation from price action, a defined stop loss and a target with acceptable risk-reward. The checklist below is an educational framework, not a recommendation.

1. Context: Mark CPR width, the relation to the previous day, and the opening gap before the market opens.
2. Entry: Wait for a candle to close beyond TC (bullish) or BC (bearish), preferably with a retest that holds.
3. Confirmation: Look for volume and clean candle structure, not a single thin wick.
4. Stop loss: Place it beyond the opposite side of the CPR or the recent swing point, so the trade is invalid if price falls back inside.
5. Target: Use the next level such as R1 or S1, and take the trade only if reward is at least about twice the risk.
6. Position size: Fix the rupee risk per trade first, then work out quantity from the stop distance.

When not to trade: when price keeps crossing the CPR with overlapping candles, when a big gap has already used up the move, or during major event volatility such as budget or results days.

Common CPR mistakes and fixes

How to study CPR in greater depth

Study one concept at a time in this order: Concept → Chart logic → Example → Common mistake → Practical fix. That order turns reading into skill.

1. Calculate CPR by hand for five past NIFTY or BANK NIFTY sessions to see how the levels form.
2. Classify each session as narrow, wide or average, then note what price did.
3. Mark the previous-day relation (higher, lower or overlapping) on each chart.
4. Journal five trades on paper with entry, stop, target and outcome before using real money.
5. Re-read the relevant book chapter after each batch and note what you missed.

Our free CPR and price-action checklist PDF is a good companion for that journalling step.

Sample pages: preview before you buy

You can preview the book before buying, so you know the teaching style suits you. Use the Amazon "Look Inside" feature (where available) or the Kindle sample on the Amazon.in and Amazon.com listings, and the eBook preview inside the Trading Direction library. Read the introduction and one CPR chapter, then decide.

About the author

Anil Hanegave is a professional trader, investor and trading educator with 9+ years of market experience and a published author. As Founder of Trading Direction, he has trained 21,000+ students, and his nine books are available across 11+ platforms and readers in 66+ countries. Follow the Amazon Author Page for new releases.

Where to buy: Amazon, Flipkart, Pothi and eBook

Book or course: which should you pick?

Choose the book if you prefer to read at your own pace and revisit concepts, and choose a course if you want to watch live chart examples. The Intraday Trading Mastery Package (12 intraday strategies plus the CPR V3 indicator) builds on the same CPR framework. Many readers start with the book and add video later. For a wider view of the indicator itself, see our CPR indicator guide on the blog.

Reader questions (FAQ)

Practical takeaway

Learn the three CPR levels, classify every session by width and relation to the previous day, and take a trade only when price action confirms and the stop loss is defined. Read the book chapter by chapter, journal your trades, and let the framework prove itself on paper first.

Related articles

• CPR indicator guide
• Risk-reward ratio explained
• Options trading for beginners

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