The underlying principle is “The trend is your friend, until the end when it bends” ===================================================================================== I use only mathematical approach in identifying the trend and predict a number where it bends. I identify the trend of a set of data set using polynomial regression approach .
Value of B1 and B2 Interpretation ============================= 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 then programmatically find the value of NIFTY that changes B1 and B2 to change the shape which ideally indicates change in trend. I also use other mathematical approaches like Standard deviation, Volatility , Fibonacci ratios etc to re validate them again. Based on historical data and above inputs the programs identify what value of Nifty will change the trend to reverse the current trend in order to stay on the trend as long as it exists. I do not use any technical indicators to manually find any specific number and all these are unbiased /no human interpretation method without using any charts.
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