Positional View for NIFTY50 Index for April 13 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 .
NIFTY Current Position is Short sold on April 12 at 14652 Action for 13 April : Continue Short and reverse to long if NIFTY closes above 14435.4
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be above 14435.4 at 15:30 to go short and NOT just intra day hit above 14435.4
Guys the TREND CHANGE may happen on 16th/19th April 2021
Last 8 Trades (970 Points earned from 12th March to till date and all trades given in Trading View )
(if you do not agree with idea you can ignore them but sending abusive messages is not a right behavior)
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 .
NIFTY Current Position is Short sold on April 12 at 14652 Action for 13 April : Continue Short and reverse to long if NIFTY closes above 14435.4
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be above 14435.4 at 15:30 to go short and NOT just intra day hit above 14435.4
Guys the TREND CHANGE may happen on 16th/19th April 2021
Last 8 Trades (970 Points earned from 12th March to till date and all trades given in Trading View )
(if you do not agree with idea you can ignore them but sending abusive messages is not a right behavior)
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
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be above 14435.4 at 15:30 to go LONG and NOT just intra day hit above 14435.4