Kiranks07

Positional view for NIFTY Index for March 22 2021(Spot)

Long
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 .



NIFTY Current Position long , bought on March 19 at 14628 . Action for 22nd March, Continue Long and reverse to SHORT if NIFTY closes below 14667.77


Profit from last trade : 483 Points

Please note this number (14667.77) is a SWING number and it means if NIFTY closes ( LTP @ 15:30) below this number there is a good possibility (76% chance ) of moving in down direction next trading day.This number may come in intraday or at EOD .The price needs to be stable/traded below this number and also close below this number (both conditions ) to carry a SHORT position.

Nifty Trend Change timings for March 22 2021 : 10:13,10:55,12:18,12:48,13:52,15:04. 12:48 is KEY timings

Comment: 12:52 PM : Observe the 12:48 Reversal. key time in action

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