The following result is obtained by our expert's opinion: Bank nifty is an index for top 12 banking stocks which is inherently very volatile, macd which is an oscillator and CPR which is a price action based indicator marks demand and supply zone that can be used together for making entry and exits in bank nifty, but these indicators reflect totally different results in different market conditions. If we backtrace the data of the last three months, clear results can not be interpreted as the market was in a free fall and now it's in the consolidation phase after massive coronavirus fall. Macd with CPR during the down-trending market can be as accurate as 72% and in the sideways market, its accuracy may fall to 55-60%. But if we talk about the profitability, then it is totally dependent on the risk and reward ratio of each trade. All these results are based on intra-day data. If we go to higher time frame, accuracy may increase.