Positional and Intraday View for NIFTY 50 Index for March 3 2021

Updated
NIFTY Current Position LONG bought on March 1 at 14691 Action for 3/3 Continue Long and reverse to SHORT if NIFTY closes below 14755.27

Intraday Levels for MARCH 3 2021


Buy Above 14980.88
Buy Targets 15082.73 15184.02 15265.88 15347.74 15464.30 15535.06 15776.49 16041.50
Sell Below 14857.12
Sell Targets 14755.27 14653.98 14572.12 14490.26 14373.70 14302.94 14061.51 13796.50

We catch every tend of NIFTY and stay as long as it exists using AI algorithms with Polynomial equations ,Customized volatility ,Fibonacci ratios ,Standard Deviation as main parameters. This a trend following approach with no bias on any side ,no human interpretation . Back tested for 5+ years of data . Have stopped NIFTY 50 stocks prediction as it takes a lot of effort /cost and giving them free did not seem to be a good idea. Working on a smart positional system for busy guys but want to trade with minimal tracking needs.

Note
BONUS : Updated based on GAPUP ....

Buy Above 15130.53
Buy Targets 15240.01 15348.90 15436.91 15524.91 15650.21 15726.28 15985.83 16270.73
Sell Below 14997.47
Sell Targets 14887.99 14779.10 14691.09 14603.09 14477.79 14401.72 14142.17 13857.27
Note
IF anyone has benefited from this idea AND made profit ...Please comment and let me know
nifty50positionalswingtradingTrend Analysis

Related publications

Disclaimer