Positional View for NIFTY50 Index for April 12 2021 (Spot)
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 is Long bought on April 7 at 14793.04 Action for 12 April : Continue Long and reverse to short if NIFTY closes below 14769.84
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be below 14769.84 at 15:30 to go short and NOT just intra day hit below 14769.84.
Nifty Trend change timings for April 12 2021 : 10:40 ,12:29,12:48,14:39,14:57
Last 7 Trades (1111 Points earned from 12th March to till date !!! Stunning performance and all trades given in Trading View )
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
I have tested this approached for all NIFTY 50 stocks/FINNIFTY/ BANKNIFTY .
NIFTY Current Position is Long bought on April 7 at 14793.04 Action for 12 April : Continue Long and reverse to short if NIFTY closes below 14769.84
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be below 14769.84 at 15:30 to go short and NOT just intra day hit below 14769.84.
Nifty Trend change timings for April 12 2021 : 10:40 ,12:29,12:48,14:39,14:57
Last 7 Trades (1111 Points earned from 12th March to till date !!! Stunning performance and all trades given in Trading View )
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
Comment:
Suggested to buy a PE while going LONG and converse as sometimes Intraday hits creates confusion. Use a Heikin ashi chart /Renko chart for simple trend identification. Simple Trend
Comment:
There won't be any intraday trend change timings as I received abusive messages on the same
Comment:
Recovery from 12 :01 till 1:30
