Nifty Positional View for 4/09/2020

Zaktualizowano
Current position is LONG on September-1-2020 at 11438

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Action for 4 September 2020: Continue to hold LONG and reverse to Short if NIFTY closes below 11462
All Values are for September 2020 Future

Profit as of now 111 points

If September 4 2020 Nifty "opens" below 11516 is weaker trend .

Trade as per your risk profile and use these for educational purpose. These numbers are for Swing trading only .

NSE:NIFTY

Past Performance :
All these trades are given in this portal which you can verify easily.
2 months 13 trades - 3 losses 11 profit trades. 78.57 % success rate for last 2 months. 2135 Points earned in 2 months.
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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)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).
10. SELL: Profit of 96 Points (12th August to 17th August 2020)
11. BUY : Profit of 127 Points(17th August to 20th August 2020)
12. SELL: Loss of 23 points ( 20th August to 21st August 2020).
13. BUY : Profit of 271 Points(21st August to 31st August 2020).
14. SELL: Profit of 208 Points (31st August to 1st September 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)
Uwaga
I had mentioned on "NIFTY Positional View for 03/09/2020" that September 4th is a trend change date. I hope you guys have booked profits already.
Uwaga
Intraday Levels

Buy Above 11419.76

Buy targets 11479.68 11539.27 11587.44 11635.60 11704.18 11745.81 11887.86 12043.78


Sell below 11346.94


Sell Targets 11287.02 11227.43 11179.26 11131.10 11062.52 11020.89 10878.84 10722.92
Uwaga
Those who have not booked profits or have some more long positions .Exit at 11420 and wait . If Not able to move UP take Short positions
Uwaga
No likes does not motivate to update anything!. I will switch to weekly trade levels if these trades are not seeing any likes !!!
Uwaga
You can see it made a max of 11473. So we got 11462 and unable to move up . So will short at that price with a 20 point SL and carry it forward if it stays below 11462. Hope this clarifies how to handle when things go against us
artificial_intelligencenifty50positionalswingtradingTrend Analysis

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