NIFTY POSITIONAL VIEW for 15 JULY 2020Current position is SELL sold on 10 JULY 2020. @ 10781.57
for July 15 2020 Continue to hold SHORT and reverse to BUY if NIFTY closes above 10673
Profit as of now 173.6 points
NSE:NIFTY
Last 3 position performance
1. BUY : With a profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points (8th JULY to 9th July).
3. BUY : Profit of 38 Points ( 9th July to 10th July).
Current open SELL position
These are NIFTY JULY FUTURE values and NOT Spot. NSE:NIFTY NSE:NIFTY
Volatility
PVR long @750Has very good multi year support around 750. Look at the volumes when it traded at 750. Also there is a RSI positive divergence. 750 should act as very good support, I entered at 750, and Planning to add more at 612 if it goes to that limits. Very good bet I believe, should give 10-20 percent returns in no time
I know I am a bit late here in publishing the idea, But not late in grabbing the oppertunity
BANKNIFTY BEARISH - Price Action AnalysisWith the current Price Action analysis, I feel that the Banknifty will be bearish for this week. The sellers appear to back in dominance. Also, tomorrow we have the Banknifty weekly option expiry if we see it from option trading perspective. Expecting a good move tomorrow.
P. S. - Amateur Trader trying to put in some effort.
Change in the view I have changed my view from Long prospective to short , pattern is getting changed where i was expecting an bounce turn out to be an pause
Well we have to adopt change in the volatility as change in the perception
One can look for short sell set up , again i am requesting , Kindly enter with your methods of entry and exit , as few DM have come where to enter and exit
i cant give that information on real time basis
Good luck
Two Screen System (W and D) Trend, Momentum, Volatility, VolumeTwo Screen System (W and D) Trend, Momentum, Volatility, Volume
This system will help reduce the clutter and present a multidimensional view of price behaviour.
Not trading advice, I am still a learner and trying to build a system which works for me.






















