NIFTY Current Position is long bought on May 21 at 14985 Action for 9 June : Continue long and reverse to short if NIFTY closes below 15706.96
we can expect very Strong Trend after OPEN tomorrow till 10:48 AM for sure
( LTP at intraday or 15:30 PM LTP and NOT close price which is a calculated price) Profit/loss from current open trade : Profit of 755 Points ( Idea of May 21 not posted here ,just giving a reference )
This is a trend following approach for NIFTY using AI algorithms with Polynomial equations ,Customized volatility ,Fibonacci ratios ,Standard Deviation as main parameters. 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/FIN-NIFTY/ BANK-NIFTY .There are no target levels in this approach. Please trade at your own risk and i am not a SEBI Certified Analyst/advisor.
See my Intraday levels and Trend change in action for June 7 2021
Last 11 Trades (943 Points earned from 12th March to April 29 and all trades given in Trading View ) Paused after that
11.SELL:19th April to 26 April Loss (115) 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
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