NIFTY POSITIONAL VIEW for 21 JULY 2020

Current position is BUY bought on 17 JULY 2020. @ 10751.52

for July 21 2020 Continue to hold LONG and reverse to SELL if NIFTY closes below 10932.53

Profit as of now 258 points

Give me like if you find this useful in Swing Trading. Book partial profits as well

NSE:NIFTY
Trend Change timings for 21 JULY 2020 :: 10:15,11:03,12:25,13:17,14:26

These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
Last 4 position performance

Guys give me a like if this worked for you.

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

These are NIFTY JULY FUTURE values and NOT Spot. NSE:NIFTY

Comment:

Some Rules in this Trading System.

1. Take all trades 2. Do not change Lot size very frequently. 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 for July 21
Buy Above 11156.09

Levels 11211.13 11265.87 11310.12 11354.36 11417.35 11455.59 11586.06 11729.29

Sell Below 11089
Sell levels
11034.17 10979.43 10935.18 10890.94 10827.95 10789.71 10659.24 10516.01

Comment:

Trend may l get weaker from 22 to 29th JULY . So be careful and book partial profits