Positional View for NIFTY50 Index for April 16 2021 (Spot)

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
nifty50Trend Analysis

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