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 short , sold on March 24 at 14740 . Action for 26th March, Continue Short and reverse to LONG if NIFTY closes above 14416.09
Profit for current open trade 416 Points
Last Trades
3. SELL : 24-March to till date
2. BUY : 19 March-24 March Profit of 112 Points
1 . SELL : 12 March-19 March : Profit of 483 Points
Please note this number (14416) is a SWING number and it means if NIFTY closes (LTP @ 15:30) above this number there is a good possibility (76% chance ) of moving in up direction next trading day.This number may come in intraday or at EOD .The price needs to be stable/traded above this number and also close above this number (both conditions ) to carry a LONG position.
I have tested this approached for all NIFTY 50 stocks/FINNIFTY/ BANKNIFTY .
NIFTY Current Position short , sold on March 24 at 14740 . Action for 26th March, Continue Short and reverse to LONG if NIFTY closes above 14416.09
Profit for current open trade 416 Points
Last Trades
3. SELL : 24-March to till date
2. BUY : 19 March-24 March Profit of 112 Points
1 . SELL : 12 March-19 March : Profit of 483 Points
Please note this number (14416) is a SWING number and it means if NIFTY closes (LTP @ 15:30) above this number there is a good possibility (76% chance ) of moving in up direction next trading day.This number may come in intraday or at EOD .The price needs to be stable/traded above this number and also close above this number (both conditions ) to carry a LONG position.
