Nifty Positional and Sentiment View for Dec 1 2021

Nifty Positional view for December 1 2021 ( Dec Future)
NIFTY Current Position is short sold on November 26 at 17415 Action for 1 December Short and reverse to long if NIFTY closes above 17179.27

Nifty Sentiment view for DEC 1 2021
drive.google.co...iB2x_KyMMr/view?usp=sharin...
( Will not post this going further if there are less than 15 likes!) I had predicted the Nov 30 Fall @ 10:58 AM 2 days in advance . you can see the Sentiment chart for direction and time.

Use the Weekly levels as mentioned in Related idea :(Nov 29-DEC 3 levels).

Methodology to get Swing number for positional :
Take NIFTY close price of last 10 days and identify the Polynomial equation.
Yt = B0 + B1t + B2t^2 + Ut (2nd Degree Polynomial example).
if B1 > 0 and B2 >0 Increasing
if B1 >0 and B2<0 Inverted U Shape
if B1<0 and B2<0 Decreasing
if B1 < 0 and B2 > 0 U shape Data
I pro grammatically find the value of NIFTY that changes B1 and B2 to change the shape.
The degree of polynomial needs to change to 5 or 6 for accuracy , Historical validation ,customized volatility and standard deviation , Fibonacci ratios are other things i use on top of this.

Bình luận:

If no down after 10.44 No Down

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Ignore fall and Inverse ...UP

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NIFTY21DECFUT

Buy Above: 17172.77

Open Price: 17118.90

Buy Targets: 17261.42 17349.59 17420.86 17492.12 17593.58 17655.17 17865.34 18096.03

Sell Below: 17065.03

Sell Targets are: 16976.38 16888.21 16816.94 16745.68 16644.22 16582.63 16372.46 16141.77

NIFTY02DEC17100CE

Buy Above: 94.47

Open Price: 83.55

Buy Targets: 112.45 130.33 144.79 159.24 179.81 192.30 234.92 281.71

Sell Below: 72.63

Sell Targets are: 54.65 36.77 22.31 7.86

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12:02 onwards UP may not sustain be careful. Book profits

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13:56 on wards we can see a down trend and till then very indecisive moves. See all up moves as an opportunity to add PE or wait till 13:56