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AstroAnalytica
Aug 14, 2020 10:09 AM

Nifty Positional View for 17th August 2020 Short

Nifty 50 IndexNSE

Description

Current position is SHORT sold on August-12-2020 at 11320
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Action for 17th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11224

All Values are for August 2020 Future

Profit as of now 133 points

NSE:NIFTY
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.
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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).
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Some Rules in trading system.
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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

You can see my You tube Video "Nifty Astro Sentiment" for long term view on Nifty up to December 2021

Comment

Intra day Trend Change timings
10:39
11:03
12:40
12:49
13:18
14:46
14:59
Comments
AstroAnalytica
This is positional and needs to be carried over till we see reversal number is achieved which is 11224 in this case
Durgasingh
Action for 17th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11224

do you square off your position on daily closing price or 60 min or 45 min or 30 min or 15 min ?
Durgasingh
@Durgasingh, Hello sir , waiting for your reply , because i look 15 min cnd closing on particular leverl with volume to square off ny position or 1 hr cnd close with volume

alike last friday , i was short at nifty from 10 :20 am and when nifty touched 11392 i did not closed my position because on 15 min its did not close above 11385 and then it fall

so my que is am i on right track or have i to look out at 30 min / 45 min
AstroAnalytica
15min is more appropriate for positional.
Durgasingh
@Kiranks07, ok Thanks
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