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    CPR Palazhy

    Uploaded by

    Madhusudanan78
    The document discusses the Central Pivot Range (CPR) technical indicator for analyzing stocks. It defines the CPR levels, how they are calculated, different CPR patterns like ascending and descending, and strategies for interpreting CPR signals.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    CPR Palazhy

    Uploaded by

    Madhusudanan78
    17 views29 pages
    The document discusses the Central Pivot Range (CPR) technical indicator for analyzing stocks. It defines the CPR levels, how they are calculated, different CPR patterns like ascending and descending, and strategies for interpreting CPR signals.

    Original Title

    CPR palazhy

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    The document discusses the Central Pivot Range (CPR) technical indicator for analyzing stocks. It defines the CPR levels, how they are calculated, different CPR patterns like ascending and descending, and strategies for interpreting CPR signals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    17 views29 pages

    CPR Palazhy

    Uploaded by

    Madhusudanan78
    The document discusses the Central Pivot Range (CPR) technical indicator for analyzing stocks. It defines the CPR levels, how they are calculated, different CPR patterns like ascending and descending, and strategies for interpreting CPR signals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 29

    WELCOME

    to session of

    CPR

     Presented by
    palazHy
    What is the CPR

     The Central Pivot Range or CPR is an


    instrument for the technical analysis of
    stocks.
     CPR indicator comprises three levels
    pointed on a chart.
     PP – Pivot Point
     TC – Top Central pivot point
     BC – Bottom Central pivot point  Presented by
    palazHy
     Presented by
    palazHy
    Calculation of CPR

     Central Pivot Point (Pivot) = (Previous day’s


    High + Previous day’s Low + Previous day’s
    closing price) / 3
     Bottom Central Pivot Point (BC) = (Previous
    day’s High + Previous day’s Low) / 2
     Top Central Pivot Point (TC) = (Pivot – BC) +
    Pivot

     Presented by
    palazHy
    Types of CPR

     Narrow CPR
     Wide CPR

     Presented by
    palazHy
    Narrow CPR

     A narrow CPR width is when the distance between the


    TC and BC is relatively small.

     Presented by
    palazHy
     Presented by
    palazHy
    Wide CPR

     When the distance between TC and BC is quite huge, it


    is a wide CPR width and indicates a sideways market.

     Presented by
    palazHy
     Presented by
    palazHy
    CPR Pattern

     Ascending CPR
     Descending CPR
     Consolidation CPR

     Presented by
    palazHy
    Ascending CPR

     Ascending CPR means the stock is in general uptrend.


    Buy when price is near CPR.

     Presented by
    palazHy
     Presented by
    palazHy
    Descending CPR

     Descending CPR means the stock is in general


    downtrend. Sell when price is near CPR.

     Presented by
    palazHy
     Presented by
    palazHy
    Consolidation CPR

     Consolidation CPR means that a market reversal


    is likely. Better not to trade there.

     Presented by
    palazHy
     Presented by
    palazHy
    How does CPR work?

     CPR acts as either resistance or support.

     Presented by
    palazHy
     Presented by
    palazHy
     Presented by
    palazHy
    Virgin CPR

     a scenario where an asset's price opens above or


    below the central pivot range (CPR) without having
    touched any of its levels during the previous trading
    session.

     Presented by
    palazHy
    How does Virgin CPR work?

     when the price of the stock does not touch the CPR
    lines. It is usually observed that if the price of a stock
    fails to touch the range the previous day, then there is
    approximately a 60% chance that the price of the
    stock will fail to break the CPR range.

     Presented by
    palazHy
     Presented by
    palazHy
    Strategy 1

     If the market opens above R1 and the first 3


    candles are green, the market will go up.
     If the market opens bellow S1 and the first 3
    candles are red , the market will go down.

     Presented by
    palazHy
    Strategy 2

     If the market opens between CPR and R1 and it


    breaks R11/PDH then the market will be bullish.
     If the market opens between CPR and S1 and it
    breaks S1/PDL then the market will be bearish.

     Presented by
    palazHy
    Strategy 3

     If the market opens between CPR, the candle


    will try to reach R1/PDH or S1/PDL. So it
    depends upon the trend of the particular day.
    But Mostly it will be Sideways market.

     Presented by
    palazHy
    Revers strategy 1

     If the market is open above the R1 with red


    colour candle, then it will be attracted towards
    CPR
     If the market is open below the as1 with green
    colour candle, then it will be attracted towards
    CPR

     Presented by
    palazHy
    Revers strategy 2

     If market open is between R1 and CPR then


    rejection can attract to CPR after reaching R1.
     If market open is between S1 and CPR then
    rejection can attract to CPR after reaching S1.

     Presented by
    palazHy
    Revers strategy

     If the market will open inside the CPR it will go


    to R1/PDH or S1/PDL then immediately it will be
    return back to the CPR

     Presented by
    palazHy
    Thank you

     Presented by
    palazHy

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