NIFTY Positional View for 13th August 2020

NSE:NIFTY   Nifty 50 Index
Current position is SHORT sold on August-12-2020 at 11320
Action for 13th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11343.3

All Values are for August 2020 Future

Profit as of now 5 points

Trade as per your risk profile and use these for educational purpose.

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

Past Performance : 1396 Points earned in 41 Calendar days. 2 loss trades and 7 winning trades.

All these trades are given in this portal which you can verify easily.
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)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).

Current open SELL position

Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).

Some Rules in trading system.
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: Intraday Trend Change timings With Sentiment
Dont Assume sentiment but validate with Intra day levels
10:50 Negative
10:54 Negative
11:59 Mild Positive
12:56 Neutral
13:04 Neutral
14:14 Negative
15:02 Negative
15:14 Negative
Comment: Positive upto 10:50
Comment: Intra-day Levels

Buy Above 11348.65

Buy Levels 11365.84 11382.94 11396.76 11410.58 11430.25 11442.20 11482.96 11527.69

Sell Below 11327.75

Sell Levels 11310.56 11293.46 11279.64 11265.82 11246.15 11234.20 11193.44 11148.71

You can see my twitter for how they responded in past dates for reference