All values are for NIFTY JULY FUTURE values and NOT Spot.
Current position is BUY bought on 17 JULY 2020. @ 10751.52
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Action for July 22 2020: Continue to hold LONG and reverse to SELL if NIFTY closes below 11102
Profit as of now 423 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 22 JULY 2020 :: 9:47,10:11,11:59,12:21,14:11,14:22
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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 )
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
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)