NIFTY Positional View for 21/10/2020

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Current position is LONG on October -16 -2020 at 11749

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Action for 21st October 2020: Continue to hold LONG and reverse to Short if NIFTY closes below 11815 .

All Values are for October 2020 Future. Profit as of now 146 points

I have tweeted (2012-2020) Nifty Performance based SPOT values (back testing)
Trade as per your risk profile and use these for educational purpose. These numbers are for Swing trading only.


NSE:NIFTY

Past Performance : 20 trades - 3 losses 17 profit trades. 85 % success rate for last 2+ months. 4274 Points earned Since 1st July2020
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All these trades are given in this portal and you can verify this easily .

Current open SELL position
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20. SELL : Profit of 190 Points ( 15th October - 16th October).
19. BUY: Profit of 1000 Points(25th September -15th October )
18. SELL : Profit of 625 Points ( 17th September to 25 September).
17. BUY : Profit of 201 Points (10th September to 17th September).
16. SELL: Profit of 99 points (4th September 10th September).
15. BUY : Profit of 24 points (1st September to 4th September).
14. SELL: Profit of 208 Points (31st August to 1st September 2020).
13. BUY : Profit of 271 Points(21st August to 31st August 2020).
12. SELL: Loss of 23 points ( 20th August to 21st August 2020).
11. BUY : Profit of 127 Points(17th August to 20th August 2020)
10. SELL: Profit of 96 Points (12th August to 17th August 2020)
9. BUY : Profit of 333 Points(4th August to 12th August 2020).
8. SELL: Profit of 262 Points(29th July to 4th August 2020)
7. BUY : Profit of 86 points (28th July to 29th July).
6. SELL: Loss of 43 points (27th July to 28th July).
5. BUY : Profit of 418 Points (17th July to 27th July).
4. SELL: Profit of 30 points (10th July to 17th July )
3. BUY : Profit of 38 Points ( 9th July to 10th July).
2 . SELL: Loss of 54 points (8th JULY to 9th July).
1. BUY : Profit of 386 points (1st July to 8th July 2020).
Nota
11.10 to 12.53 Down trend possibility and UP again
Nota
Intraday levels generated at 9.16 and posted late

Buy Above 11981.75

Buy Tgt: 12031.95 12081.88 12122.23 12162.58 12220.03 12254.91 12373.91 12504.53

Sell below 11920.75

Sell Tgt 11870.55 11820.62 11780.27 11739.92 11682.47 11647.59 11528.59 11397.97
NIFTYpositionalswingtradingTrend Analysis

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