Nifty Spot Positional View for June 11 2021

Jun 10, 2021

NIFTY Current Position is Long bought on June 10 2021 at 15676 Action for 11 June : Continue long and reverse to short if NIFTY closes below 15698

( 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 61 Points.

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. Will post a detailed FAQ next week.


Last 12 Trades (1664 Points earned from 12th March to June 9)

13. SELL: June 9 to June 10 Profit of 30 points
12.BUY : May 21 to June 9 Profit of 721 points
Paused up-to May 21 No trades given
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