Positional View for NIFTY50 Index for April 23 2021 (Spot)
I catch every trend 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 .
I have tested this approached for all NIFTY 50 stocks/FINNIFTY/ BANKNIFTY .
Please trade at your own risk and i am not a SEBI Certified Analyst/advisor.
NIFTY Current Position is long bought on April 22 14375 Action for 22 April : Continue long and reverse to short if NIFTY closes below 14336
Profit/loss from current open trade : Profit of 31 points
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be below 14336 at 15:30 to go short and NOT just intra day hit below 14336.
You need to book some lots at key levels in order to safeguard
Last 11 Trades (989 Points earned from 12th March to till date and all trades given in Trading View )
11.SELL:19th April to 22nd April Loss (69) points
10: BUY : 13th April-19th April Loss of (129) Points
9. SELL : 12th April - 13th April Profit of 217 Points
8. BUY : 7th April to 12 th April Loss of (141 ) Points
7. SELL : 5th April to 7th April Loss of (45) Points
6. BUY : 1 April to 5th April Profit of 27 Points.
5. SELL : 31 March to 1 April Loss of (95 ) Points
4. BUY : 26 March to March 31 Profit of 305 Points
3. SELL : 24-March to March 26 Profit of 324 Points
2. BUY : 19 March-24 March Profit of 112 Points
1 . SELL : 12 March-19 March : Profit of 483 Points
I have tested this approached for all NIFTY 50 stocks/FINNIFTY/ BANKNIFTY .
Please trade at your own risk and i am not a SEBI Certified Analyst/advisor.
NIFTY Current Position is long bought on April 22 14375 Action for 22 April : Continue long and reverse to short if NIFTY closes below 14336
Profit/loss from current open trade : Profit of 31 points
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be below 14336 at 15:30 to go short and NOT just intra day hit below 14336.
You need to book some lots at key levels in order to safeguard
Last 11 Trades (989 Points earned from 12th March to till date and all trades given in Trading View )
11.SELL:19th April to 22nd April Loss (69) points
10: BUY : 13th April-19th April Loss of (129) Points
9. SELL : 12th April - 13th April Profit of 217 Points
8. BUY : 7th April to 12 th April Loss of (141 ) Points
7. SELL : 5th April to 7th April Loss of (45) Points
6. BUY : 1 April to 5th April Profit of 27 Points.
5. SELL : 31 March to 1 April Loss of (95 ) Points
4. BUY : 26 March to March 31 Profit of 305 Points
3. SELL : 24-March to March 26 Profit of 324 Points
2. BUY : 19 March-24 March Profit of 112 Points
1 . SELL : 12 March-19 March : Profit of 483 Points
