Nifty View (Jan Future) for DEC 31 2021

30 de dez. de 2021

NIFTY Current Position is long bought on December 21 at 16750 Action for 31 December continue long and reverse to short if NIFTY closes below 17161.14 ( Jan future)

Use the Weekly levels as in related idea for Trading or also use the monthly option strategy (entry on 1st of each month)
Intraday guys use these levels as ladders . Support at any level is BUY and resistance to any levels is SELL. Midpoints between weekly levels also act as support and resistance when range is big.

Last idea of the YEAR !!!!

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 things i use on top of this.

30 de dez. de 2021

Nota

Expect a fall from 12 noon to 13:40 .

31 de dez. de 2021

Nota

NIFTY22JANFUT

Buy Above: 17285.17

Open Price: 17268.00

Buy Targets: 17313.42 17341.53 17364.24 17386.95 17419.29 17438.92 17505.90 17579.43

Sell Below: 17250.83

Sell Targets are: 17222.58 17194.47 17171.76 17149.05 17116.71 17097.08 17030.10 16956.57



NIFTY06JAN17300CE

Buy Above: 110.70

Open Price: 105.00

Buy Targets: 120.07 129.39 136.93 144.47 155.19 161.71 183.93 208.32

Sell Below: 99.30

Sell Targets are: 89.93 80.61 73.07 65.53 54.81 48.29 26.07 1.68



NIFTY06JAN17300PE

Buy Above: 171.34

Open Price: 163.50

Buy Targets: 184.23 197.06 207.43 217.80 232.56 241.52 272.09 305.66

Sell Below: 155.66

Sell Targets are: 142.77 129.94 119.57 109.20 94.44 85.48 54.91 21.34