Volatility
NIFTY Positional View for 5th August 2020Current position is BUY bought on August-4-2020 at 10987
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Action for 5th August 2020: Continue to hold Long and reverse to Short if NIFTY closes below 11037
Profit as of now 123.6 points
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NSE:NIFTY
Use a Heikin Ashi Chart and 1 min chart for Intra day Trading
Past Performance : 1063 Points earned in 35 Calendar days. 2 loss trades and 6 winning trades.
All these trades are given in this portal which you can verify easily.
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1. BUY : 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).
4. SELL: Profit of 30 points (10th July to 17th July )
5. BUY: Profit of 418 Points (17th July to 27th July).
6. SELL: Loss of 43 points (27th July to 28th July).
7. BUY : Profit of 86 points (28th July to 29th July).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
Current open BUY position
Process : These swing numbers are calculated using Customized Volatility and AI algorithm (KNN Model).
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Some Rules in trading system.
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1. Take all trades and the numbers to hold are the last traded price of NIFTY future and not calculated close values.
2. Do not change Lot size very frequently and try to keep it constant.
3. We win 68-75% times only (changing lots will leads to losses as you may have bigger lots for loss trades and smaller one for gain trades) .
4. There are losses as well but the loss points will be smaller then gain over a period of 3 months or less.
5. Book profits at key levels (just a histogram of 2 years close will give numbers where nifty stayed for long duration.Frequency Distribution)
BTCUSD about to reach 11k || RSI in overbought regionRSI in the overbought region with a value above 80 indicating the price drop
MACD line above the signal line with a huge magnitude indicating an uptrend
CCI above 140 indicates a downtrend
Squeeze indicating an uptrend as the market volatility is high
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
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.