AstroAnalytica

NIFTY Positional View for 6th August 2020

Long
AstroAnalytica Updated   
NSE:NIFTY   Nifty 50 Index
Current position is BUY bought on August-4-2020 at 10987
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Action for 6th August 2020: Continue to hold Long and reverse to Short if NIFTY closes below 11061.5

Profit as of now 145 points

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Warning : 6th August 11:07 to 11:20 there may be a sudden change (high volatility)
NSE:NIFTY

Use a Heikin Ashi Chart and 1 min chart for Intra day Trading. These numbers are for Swing trading trading only .

Past Performance : 1063 Points earned in 35 Calendar days. 2 loss trades and 6 winning trades.
All these trades are given in this portal which you can verify easily.
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1. BUY : Profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)

Current open BUY position

Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
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Some Rules in trading system.
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1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
Comment:
Intra day levels

Buy Above 11167.39
Buy Lvs 11211.40 11255.17 11290.55 11325.93 11376.29 11406.87 11511.20 11625.72
Sell Below 11113.91
Sell lvl
11069.90 11026.13 10990.75 10955.37 10905.01 10874.43 10770.10 10655.58
Comment:
Time changes
10:33
11:22
12:39
13:23
13:32
14:46
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