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Since some of you want to know the #Nifty50 view for this month and this week, can listen to this Space for my and @wealth_verse sir's view from 1:52:40 hrs.
#Nifty50 #CentralPivotRange #CPRindicator #PivotBoss #Trading
https://t.co/wjVf3fTmPw
https://t.co/dr0AO8rMo5
#Nifty has closed blw weekly. % of stocks cls abv Mthly pivot had touched upto 90%, during the week, which as per 1 yr observation is profit booking level, and now it is at 66. Median being at 50% where it can take support as per backtest data. #cprindicator

I follow the mthly pivot % this week it touched 90% on thursday, it has been observed > 80% initiates profit booking. Red indicates fall from last week.#nifty, #cprindicator

All green nos. indicates good improvement from last week. But we r nearing 80% for the mthly pivot which is the profit booking level as observed in the last 1 year. #cprindicator #TradingSignals The below data is of total stocks above the respective pivot. Fno 208 and #Nifty 50

The range indicates that at upper end one can book profit and at lower end go long. I have found mthly pivot numbers to be very useful, to decide when to go long or otherwise. Figures in green means higher then last week.#nifty #cprindicator

#Nifty and major indicies are > pivot for weekly and mthly. Focus on mthly figures, range is 10 to 90 , early in the week we crossed median, so till then bullish. > 80 may be some profit booking, but its away.#cprindicator

#Nifty mthly pivot % went > the median intraweek but closed < on friday. Green denotes > last week, and red is otherwise. Range for last 1 yr has been 10 to 92, with median currently at 50%. Positve takeaway is 53% stocks in FnO > median for Wkly pivot . #cprindicator

% of #nifty stocks above Monthly Pivot is back to 50(median), after dipping to 44 today. So if we close here or above probability in favor of bulls will continue. #cprindicator
Figures in red indicate decrease from ytday. 44% is < median, all others > median so there is probability of upside in #Nifty. #NiftyIT has closed below mthly pivot. #CPRindicator #Nifty #TradingStrategy

Most sector indicies are <(below) mthly pivot(MP). Realty index is all red except for weekly pivot(WP).Gives in an insight where to invest/trade if all green or short if all red, or one can also pick a time frame slice the data further and arrive at stocks.
#CPRindicator

We cls btw next week #cprindicator but abv this wk, the range for mthly % is 10 to 90 with a median at 50. At Thu. cls we were at 48 so we saw the mild correction on friday, which has been the trend observed. We peak abv 80. For further up move we should cross 50 next wk

#nifty_mid_select Ytday cls abv #CPRindicator. So Bullish for today. Now 12944 BC and 12904 #Ds1 besides 12771 #WR1 will be supp. 13057 #DR1 then #MP 13055 and further 13149 Mthly TC will act as resistance. Can we go to 13349 mthly R1 ?
#nifty_mid_select Ytday cls abv #CPRindicator. Now 12794 #Ds1 and 12771 #WR1 will be supp. 12971 #DR1 then #MP 13055 will act as resistance.
#nifty_mid_select Today cls abv weekly R1 - extreme bullish. #CPRindicator. Now 12753 #Ds1 and 12597 #WP BC will be supp. tom if sustain 12838 then #MP 13055 will act as resistance.
#Nifty is > all TF pivots except mthly, % in green indicates improvement since last week. last 1 yr range is 10 to 91% with average at 53% of mthly Pivot. probability of bounce is very high till at least the average #cprindicator

#Nifty has closed > all TF pivots, figures in green indicates improvement since last week. It has been observed in last 1 yr that when w r in range of 10 to 25% for mthly pivot, probability of bounce is more.#cprindicator

#nifty_mid_select Today open abv #CPRindicator. Now 12624 #WP is imp. for further bullish moves and supp at #BC 12542 and 12498 #DS1
Largest running streak of cls below Dev. CPR(DCPR) is 6, July 21 to Aug 25 2023. Next 3 consecutive wk cls Abv DCPR, Now again last 6 wks cls < DCPR. Observation of last 328 wk-Apr 2019 to date. So it may maintain this ? or next wk +ve ? #nifty #CPRindicator
#nifty_mid_select cls . developing #cprindicator, after taking support from #ms1 supp. 12573 & PDL12576 and #ws1 at 12508. but with ovl LV and below weekly pivot so now resistance is #wp 12806.
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