AstroAnalytica

NIFTY POSITIONAL VIEW for 22 JULY 2020

Long
AstroAnalytica Updated   
NSE:NIFTY   Nifty 50 Index
All values are for NIFTY JULY FUTURE values and NOT Spot.

Current position is BUY bought on 17 JULY 2020. @ 10751.52
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Action for July 22 2020: Continue to hold LONG and reverse to SELL if NIFTY closes below 11102

Profit as of now 423 points

Give me a "like" if you find this useful in Swing Trading. Book partial profits as well

NSE:NIFTY

Intra-day Trend Change timings for 22 JULY 2020 :: 9:47,10:11,11:59,12:21,14:11,14:22
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Use a Heikin Ashi Chart and 1 min chart for Intra day Trading

Past Performance :
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1. BUY : With a 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 )


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
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:
Intraday Levels for 7/22
BUY Above 102145

11260.45 11306.07 11342.94 11379.82 11432.31 11464.19 11572.93 11692.30

SELL below 11159
11112.95 11067.33 11030.46 10993.58 10941.09 10909.21 10800.47 10681.10
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