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 things i use on top of this.
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If we are correct this up is temporary and fall again on Friday as per sentiment
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Last free sentiment prediction for the year .
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The sentiment chart needs update in depicting intensity of fall or up. It was showing a flat with down bias and up while actually the fall was quite intense and up intensity was low. Overall such a big up was not expected after the gap up so the fall came to neutralize it to make it flat!! It is pretty difficult to get that much details with low processing power. Spent a lot of effort to get upto here.
Today and tomorrow are not good days for Option buyers and good for sellers. Friday seems to be a good FALL
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DEC 22: Sentiment came out well and the breakout came as predicted
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NIFTY Current Position is Long bought on December 21 at 16750 Action for 22 December continue long and reverse to short if NIFTY closes below 16685.87...( Errata)
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****************** DEC 23 View for NIFTY **************************
NIFTY Current Position is long bought on December 21 at 16750 Action for 23 December continue long and reverse to short if NIFTY closes below 16843.37
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