AstroAnalytica

NIFTY POSITIONAL VIEW FOR 23 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
==================================================================================
Action for July 23 2020: Continue to hold LONG and reverse to SELL if NIFTY closes below 11053.7

Profit as of now 374 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 23 JULY 2020 :: 10:07,10:45,12:17,12:54,14:27,15:04

=====================================================================================
Use a Heikin Ashi Chart and 1 min chart for Intra day Trading

Past Performance :
===================
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).
=========

Some Rules in trading system.
===================================
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

Buy Above 11148.73

Buy Levels
11193.79 11238.60 11274.82 11311.03 11362.60 11393.91 11500.72 11617.97


Sell Below 11093.97


SELL Levels
11048.91 11004.10 10967.88 10931.67 10880.10 10848.79 10741.98 10624.73
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.