Kiranks07

NIFTY Spot Positional View ,Intraday Sentiment for May 31 2021

Long
NSE:NIFTY   Nifty 50 Index
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 .
Please trade at your own risk and i am not a SEBI Certified Analyst/advisor.

NIFTY Current Position is long bought on May 21 at 14985 Action for 31 May : Continue long and reverse to short if NIFTY closes below 15402.46


( 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 450.65 Points ( Idea of May 21 not posted here ,just giving a reference )

Intraday Sentiment for MAY 31 2021

https://drive.google.com/file/d/1cglgDXcTSh5v9oimvAz245NppWLNcCgQ/view?usp=sharing

Guys ,give me a like if you like the idea

Last 11 Trades (943 Points earned from 12th March to April 29 and all trades given in Trading View ) Paused after that

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
Comment: After 9:45 it turned out to be a exactly opposite Mirror image. Concave /Convex swing of equations!!

Comments

Please elaborate , what are the targets sirji
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Kiranks07 jubilantTortoi81942
@jubilantTortoi81942,As I told this is a trend following approach and we try to be with the trend as long as it exists and not keep any specific targets.
Reply
Thank you
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