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.com/file/d/1-CS7K3ADf5Pg0tRyk4nkw9iB2x_KyMMr/view?usp=sharing ( 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.
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