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 . Please trade at your own risk and i am not a SEBI Certified Analyst/advisor.
NIFTY Current Position is Long bought on April 13 14435 Action for 16 April : Continue Long and reverse to short if NIFTY closes below 14467.14
Profit/loss from current open trade : Profit of 146 Points
The LTP (not the CLOSE value as it not known at 15:30) of Nifty should be below 14467 at 15:30 to go short and NOT just intra day hit below 14467
Last 9 Trades (1187 Points earned from 12th March to till date and all trades given in Trading View )
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