Nifty Positional and Sentiment View for Dec 1 2021

Nov 30, 2021

Nifty Positional view for December 1 2021 ( Dec Future)
NIFTY Current Position is short sold on November 26 at 17415 Action for 1 December Short and reverse to long if NIFTY closes above 17179.27

Nifty Sentiment view for DEC 1 2021
drive.google.com/file/d/1-CS7K3ADf5Pg0tRyk4nkw9iB2x_KyMMr/view?usp=sharing
( Will not post this going further if there are less than 15 likes!) I had predicted the Nov 30 Fall @ 10:58 AM 2 days in advance . you can see the Sentiment chart for direction and time.

Use the Weekly levels as mentioned in Related idea :(Nov 29-DEC 3 levels).

Methodology to get Swing number for positional :
Take NIFTY close price of last 10 days and identify the Polynomial equation.
Yt = B0 + B1t + B2t^2 + Ut (2nd Degree Polynomial example).
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 pro grammatically find the value of NIFTY that changes B1 and B2 to change the shape.
The degree of polynomial needs to change to 5 or 6 for accuracy , Historical validation ,customized volatility and standard deviation , Fibonacci ratios are other things i use on top of this.

Dec 1, 2021

Note

If no down after 10.44 No Down

Dec 1, 2021

Note

Ignore fall and Inverse ...UP

Dec 1, 2021

Note

NIFTY21DECFUT

Buy Above: 17172.77

Open Price: 17118.90

Buy Targets: 17261.42 17349.59 17420.86 17492.12 17593.58 17655.17 17865.34 18096.03

Sell Below: 17065.03

Sell Targets are: 16976.38 16888.21 16816.94 16745.68 16644.22 16582.63 16372.46 16141.77

NIFTY02DEC17100CE

Buy Above: 94.47

Open Price: 83.55

Buy Targets: 112.45 130.33 144.79 159.24 179.81 192.30 234.92 281.71

Sell Below: 72.63

Sell Targets are: 54.65 36.77 22.31 7.86

Dec 1, 2021

Note

12:02 onwards UP may not sustain be careful. Book profits

Dec 1, 2021

Note

13:56 on wards we can see a down trend and till then very indecisive moves. See all up moves as an opportunity to add PE or wait till 13:56