Nifty Positional view for 29 July 2020

Diupdate
All values are for NIFTY JULY -AUGUST Future values and NOT Spot.
Current position is BUY bought on 28 JULY 2020 at 11163 ( same for August future as well)

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Action for July 29 JULY 2020: Continue to hold LONG and reverse to SELL if NIFTY closes below 11246.85 for July Future or 11249.38 for August future.

Profit as of now 136 points

Give me a "like" if you find this useful in Swing Trading. Book partial profits as well

NSE:NIFTY

Intra day Trend Change timings for 29 JULY 2020 : 9:44,10:04,11:49,11:53,12:19,13:55,14:03,14:34
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Use a Heikin Ashi Chart and 1 min chart for Intra day Trading

Past Performance :
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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).
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).

Loss trades -97 points ,winning trades + 872 points . Net 772 points in JULY .
4 of 6 trades are winning

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)
Catatan
Intra day levels

Buy Above :11307.93

Buy levels
11339.57 11371.04 11396.47 11421.91 11458.12 11480.10 11555.11 11637.45

Sell Below 11269.47

Sell Levels
11237.83 11206.36 11180.93 11155.49 11119.28 11097.30 11022.29 10939.95
artificial_intelligenceFibonacciNIFTYpositionalSupport and Resistanceswingtradingtradingsystem

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