Positional and Sentiment View for Dec 17 2021 December Future
Positional and Sentiment View for Dec 17 2021 ( December Future values)
NIFTY Current Position is Long bought on December 15 at 17289 Action for 17 December continue long and reverse to short if NIFTY closes below 17294.48
Nifty Sentiment for DEC 17 2021:
drive.google.co...SQ3lCK5xjn/view?usp=sharin...
Do not enter any PE tomorrow as it may not be a big fall at end . The brown line indicates a flat trend.
Refer to Monthly Option Strategy for Option Strategy
Refer to Weekly levels for Trade levels as in the related idea.
Methodology to get Swing number for positional :
Take NIFTY close price of last 10 days and identify the Polynomial equation.
Yt = B0 + B1t + B2t^2 + Ut (2nd Degree Polynomial example).
if B1 > 0 and B2 >0 Increasing
if B1 >0 and B2<0 Inverted U Shape
if B1<0 and B2<0 Decreasing
if B1 < 0 and B2 > 0 U shape Data
I pro grammatically find the value of NIFTY that changes B1 and B2 to change the shape.
The degree of polynomial needs to change to 5 or 6 for accuracy , Historical validation ,customized volatility and standard deviation , Fibonacci ratios are things i use on top of this.
NIFTY Current Position is Long bought on December 15 at 17289 Action for 17 December continue long and reverse to short if NIFTY closes below 17294.48
Nifty Sentiment for DEC 17 2021:
drive.google.co...SQ3lCK5xjn/view?usp=sharin...
Do not enter any PE tomorrow as it may not be a big fall at end . The brown line indicates a flat trend.
Refer to Monthly Option Strategy for Option Strategy
Refer to Weekly levels for Trade levels as in the related idea.
Methodology to get Swing number for positional :
Take NIFTY close price of last 10 days and identify the Polynomial equation.
Yt = B0 + B1t + B2t^2 + Ut (2nd Degree Polynomial example).
if B1 > 0 and B2 >0 Increasing
if B1 >0 and B2<0 Inverted U Shape
if B1<0 and B2<0 Decreasing
if B1 < 0 and B2 > 0 U shape Data
I pro grammatically find the value of NIFTY that changes B1 and B2 to change the shape.
The degree of polynomial needs to change to 5 or 6 for accuracy , Historical validation ,customized volatility and standard deviation , Fibonacci ratios are things i use on top of this.
Comment:
BUY NIFTY23DEC17400CE @ 32.09 SL 22 TGT 48 -53
Comment:
Buy @ 10:57-59
Comment:
Exit before 12 Noon
Buy Above: 96.32
Open Price: 92.00
Buy Targets: 103.44 110.52 116.24 121.96 130.10 135.05 151.91 170.43
Sell Below: 87.68
Sell Targets are: 80.56 73.48 67.76 62.04 53.90 48.95 32.09 13.57