Nifty 50 IndexShort
NIFTY Positional and Sentiment View for DEC 21 2021
Updated
Positional View for Dec 21 2021 ( December Future value)
NIFTY Current Position is Short sold on December 17 at 17294 Action for 21 December continue short and reverse to long if NIFTY closes above 16750.05
Refer to Weekly levels for trading as in related idea.
Sentiment :
drive.google.com/file/d/1OdoC8BkUqyWaVSDcH5dWnL3J5uof7iXk/view?usp=sharing
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 things i use on top of this.
NIFTY Current Position is Short sold on December 17 at 17294 Action for 21 December continue short and reverse to long if NIFTY closes above 16750.05
Refer to Weekly levels for trading as in related idea.
Sentiment :
drive.google.com/file/d/1OdoC8BkUqyWaVSDcH5dWnL3J5uof7iXk/view?usp=sharing
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 things i use on top of this.
Note
NIFTY23DEC16700CEBuy Above: 143.32
Open Price: 130.00
Buy Targets: 165.25 187.05 204.68 222.30 247.40 262.63 314.61 371.66
Sell Below: 116.68
Sell Targets are: 94.75 72.95 55.32 37.70 12.60
NIFTY23DEC16700PE
Buy Above: 139.33
Open Price: 119.95
Buy Targets: 171.23 202.96 228.60 254.25 290.75 312.92 388.54 471.55
Sell Below: 100.57
Sell Targets are: 68.67 36.94 11.30
Note
option Selling : Today Intraday . My Strategy17400 CE and 16100 PE of 30 DEC 2021
Note
***************** Dec 23 Views *************************NIFTY Current Position is long bought on December 21 at 16750 Action for 23 December continue long and reverse to short if NIFTY closes below 16843.37
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