Kiranks07

Nifty Spot Positional View for June 18 2021

Short
NSE:NIFTY   Nifty 50 Index

NIFTY Current Position is Short sold on June 16 2021 at 15829 Action for 18 June : Continue short and reverse to long if NIFTY closes above 15726.66

( LTP at intraday or 15:30 PM LTP and NOT close price which is a calculated price)

Profit/loss from current open trade : Profit of 137.6 Points.

This is a trend following approach for NIFTY using AI algorithms with Polynomial equations ,Customized volatility ,Fibonacci ratios ,Standard Deviation as main parameters. No bias on any side ,no human interpretation . Back tested for 5+ years of data .I have tested this approached for all NIFTY 50 stocks/FIN-NIFTY/ BANK-NIFTY .There are no target levels in this approach.

Last Trade
BUY : 10 June 15676 Exit 16 June 15829 Profit of 153 Points

Comments

Thanks a lot and have been following your approach...thanks for these tips
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Kiranks07 mannubabu
@mannubabu, Not so encouraging response and no one recognises free information . Will sell to HFT clients only going further where there is money
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Kiran sir please post for next Monday also....
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Price will go up from here
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Kiranks07 mansingn
@mansingn, 100% . SGXNIFTY @ 15743 above 15726 reversal price mentioned. I am saying the same thing. Just catch the trend and try to be with as long as possible is the goal. Monday we will GOOD BULL run
Reply
I have different analysis now
Reply
Kiranks07 mansingn
@mansingn, Now what do you think . We cannot predict price accurately but catching TREND is best
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