Kiranks07

Positional view for NIFTY Index for March 16 2021(Spot)

Short
NSE:NIFTY   Nifty 50 Index


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 as well.

NIFTY Current Position Short, sold on March 12 at 15111 .Action for 16th March, Continue short and reverse to LONG if NIFTY closes above 14984.61

You can observe the Intra-day levels given for March 15 2021 in the related link for reference for the accuracy of levels

Comments

Looking at the Momentum (CCI) and Trend (MACD) I expect Nifty to open Gap-up tomorrow or go Long
Reply
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