Positional View for NIFTY50 Index for April 6 2021 (Spot)
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 is short sold on April 5 at 14748.66. Action for 6 April : Continue Short and reverse to long if NIFTY closes above 14817.71
Profit for current open trade 42 Points
Last 6 Trades (1156 Points earned from 12th March to till date !!! Stunning performance and all trades given in Trading View )
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
I have tested this approached for all NIFTY 50 stocks/FINNIFTY/ BANKNIFTY .
NIFTY Current Position is short sold on April 5 at 14748.66. Action for 6 April : Continue Short and reverse to long if NIFTY closes above 14817.71
Profit for current open trade 42 Points
Last 6 Trades (1156 Points earned from 12th March to till date !!! Stunning performance and all trades given in Trading View )
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
The reversal number is 14754.68 and NOT 14817.71.
Profit for current open trade 110 Points