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 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 20275 with intraday high of 20291.60 intraday low of 20144.10 and closed at 20269.10 Nifty futures data was pointing towards 20214 and 20350. First target was achieved. Next trading day prediction  (Futures).  Nifty Outlook for   1 -Dec-2023 based on Option Chain data as on EOD 30-Nov-2023 for Expiry on 6-Dec-2023 Nifty Data is split with one parameter pointing towards 20339 on higher side and another pointing 20200 on lower side (Futures). See point 2 in Notes below for why sometimes, system provides split prediction. Nifty spot Support 19700 and no major Resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) W

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 20000.70 with intraday high of 20144, intraday low of 19880.20 and closed at 20143 Nifty futures data was pointing towards 20000 and 20139. Both the targets were achieved. BankNifty futures data was pointing towards 44700.  The high for the day was 44721.60. This target also was achieved. Next trading day prediction  (Futures).  Nifty Outlook for 30-Nov-2023 based on Option Chain data as on EOD 29-Nov-2023 for Expiry on 30-Nov-2023 Nifty Data is pointing towards 20214 and 20350 (Futures). Nifty spot Support 19700 and no major Resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happ

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Next trading day prediction  (Futures).  BankNifty Outlook for 29-Nov-2023 based on Option Chain data as on EOD 28-Nov-2023 for Expiry on 29-Nov-2023 BankNifty Data is pointing towards 44700 (Futures). Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players want to wait for overnight developments and then decide on direction to take.  (3) Sideways Markets. 3. Global Uncertainties and events like US FOMC meets etc  could cause some disruption.  4. Why some of the expiries miss the predicted direction? Th

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 19889.95 with intraday high of 19955, intraday low of 19827.90 and closed at 19953 Nifty futures data was pointing towards19750 on lower side and 19980 on upper side. The market remained within that range. Next trading day prediction  (Futures).  Nifty Outlook for 29-Nov-2023 based on Option Chain data as on EOD 28-Nov-2023 for Expiry on 30-Nov-2023 Nifty Data is pointing towards 20000 and 20139 (Futures). Nifty spot Support 19700 and no major Resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has plann

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 19869.95 with intraday high of 19885, intraday low of 19800 and closed at 19825 Nifty futures data was pointing towards19750 on lower side and 20058 on upper side. The market remained within that range. Next trading day prediction  (Futures).  Nifty Outlook for 28-Nov-2023 based on Option Chain data as on EOD 24-Nov-2023 for Expiry on 30-Nov-2023 Nifty Data is still split with one parameter pointing towards 19750  on lower side and another pointing towards 19980 on upper side(futures). It looks like Market is waiting for opinion polls after 5 states elections.  Once the market decides on the direction to be taken, The extreme levels as of now are pointing towards 19308 on lower side and 20210 on upper side. Nifty data for monthly expiry of December 2023 is showing weakness as of now at 19633 but that expiry is still far off and there are many long te

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 19903.05 with intraday high of 19922, intraday low of 19838 and closed at 19875 Nifty futures data was pointing towards19750, However I had also mentioned the next week Monthly expiry data is showing 19950 levels.  Next trading day prediction  (Futures).  Nifty Outlook for 24-Nov-2023 based on Option Chain data as on EOD 23-Nov-2023 for Expiry on 30-Nov-2023 Nifty Data is split with one parameter pointing towards 19750 and another pointing towards 20058 (futures). Nifty data for December 2023 is showing weakness as of now 19700 but that expiry is far off and there are many long term options writer who would be in good profit because of premium decay. Nifty spot Support 19500 and Resistance 19800. In between there are minor support and resistance. (spot). Although Spot Nifty has closed above the resistance level of 19800, It is just vert nearer to tha

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 19839.95 with intraday high of 19894.40, intraday low of 19755.60 and closed at 19886.60 Nifty futures data was pointing towards19700 and 19694. The low for the day reached very nearer to first target with 5.60 points away.  Next trading day prediction  (Futures).  Nifty Outlook for 23-Nov-2023 based on Option Chain data as on EOD 22-Nov-2023 for Expiry on 23-Nov-2023 Nifty Data is pointing towards 19750 (futures). The monthly data for Nov 2023 expiry is not showing any weakness (19950) so I expect any falls to be shallow. Nifty spot Support 19500 and Resistance 19800. In between there are minor support and resistance. (spot). Although Spot Nifty has closed above the resistance level of 19800, It is just 11 points above the resistance level so I would wait for one more close above 19800 tomorrow before I change support and resistance levels. Note - 

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 19809.95 with intraday high of 19898, intraday low of 19801 and closed at 19840.45  Nifty futures data was split on both side with 19600 on low side and 19800 on high side. Next trading day prediction  (Futures).  Nifty Outlook for 22-Nov-2023 based on Option Chain data as on EOD 21-Nov-2023 for Expiry on 23-Nov-2023 Nifty Data is pointing towards 19750 and 19694 (futures) Nifty spot Support 19500 and Resistance 19800. In between there are minor support and resistance. (spot) Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day bu

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 19798.90 with intraday high of 19848, intraday low of 19718 and closed at 19750.  Nifty futures data was expected to move towards 19750 and 19700.  The first target was achieved, however second target missed by few points. BankNifty futures opened at 43724.60 with intraday high of 43900, intraday low of 43559 and closed at 43720.  BankNifty futures data was expected to move towards 43500 and 43075.  The first target was missed by 59 points. Next trading day prediction  (Futures).  Nifty Outlook for 21-Nov-2023 based on Option Chain data as on EOD 20-Nov-2023 for Expiry on 23-Nov-2023 Nifty Data is split with one parameter pointing towards 19800 and  another parameter pointing towards 19600 on lower side(futures) Nifty spot Support 19500 and Resistance 19800. In between there are minor support and resistance. (spot) Note -  1, If Prediction is pointin

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Next trading day prediction  (Futures).  BankNifty Outlook for 20-Nov-2023 based on Option Chain data as on EOD 17-Nov-2023 for Expiry on 23-Nov-2023 BankNifty futures closed at 43688 on 17-Nov-2023.  The data is pointing towards 43500 and 43075 (Futures) Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players want to wait for overnight developments and then decide on direction to take.  (3) Sideways Markets. 3. Global Uncertainties and events like US FOMC meets etc  could cause some disruption.  4. Ins

  Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures data was pointing towards 19760. The actual low for the day was 19750.55 after which it closed at 19803. Next trading day prediction  (Futures).  Nifty Outlook for 20-Nov-2023 based on Option Chain data as on EOD 17-Nov-2023 for Expiry on 23-Nov-2023 Data is pointing towards 19750 and 19700 on lower side(futures) Nifty spot Support 19300 and Resistance 19800. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, wh

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures data was split with two parameters pointing towards two different directions with 19826 on higher side and 19650 on lower side. The actual low for the day was 19695 and high was 19934 Next trading day prediction  (Futures).  Nifty Outlook for 17-Nov-2023 based on Option Chain data as on EOD 16-Nov-2023 for Expiry on 23-Nov-2023 Data is pointing towards 19760 on lower side(futures) Nifty spot Support 19300 and Resistance 19800. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but opera

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures data was split with two parameters pointing towards two different directions. While BankNifty was pointing towards 43700. The positive inflation numbers in US Markets changed the sentiments and market moved higher. Next trading day prediction  (Futures).  Nifty Outlook for 16-Nov-2023 based on Option Chain data as on EOD 15-Nov-2023 for Expiry on 16-Nov-2023 Data is split with one parameter pointing towards 19826 and another pointing towards 19650. Nifty spot Support 19300 and Resistance 19800. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happen

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Next trading day prediction  (Futures).  BankNifty (0DTE) Zero Days to Expiry Outlook for 15-Nov-2023 based on Option Chain data as on EOD 13-Nov-2023 for Expiry on 16-Nov-2023 Data is pointing towards 43700. (Futures) Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players want to wait for overnight developments and then decide on direction to take.  (3) Sideways Markets. 3. Global Uncertainties and events like US FOMC meets etc  could cause some disruption.  4. Instead of using my predictions for trad

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures data was pointing towards 19450 first target. The low for the day was 19469.65 and closed at 19488. Next trading day prediction  (Futures).  Nifty Outlook for 15-Nov-2023 based on Option Chain data as on EOD 13-Nov-2023 for Expiry on 16-Nov-2023 Data is split with one parameter pointing towards 19500 and another pointing towards 19450 .  However overall it seems there is a weakness in market. Nifty spot Support 19300 and Resistance 19700. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry da

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures data was pointing towards 19432. It opened near that level at 19424. Nifty futures closed at 19500. Next trading day prediction  (Futures).  Nifty Outlook for 13-Nov-2023 based on Option Chain data as on EOD 10-Nov-2023 for Expiry on 16-Nov-2023 Data is pointing towards 19450, 19300  (futures).  Nifty spot Support 19300 and Resistance 19700. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players wan

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty 0DTE futures data was pointing towards 19551. The high for the day was 19526.40. Nifty futures closed at 19476. Next trading day prediction  (Futures).  Nifty Outlook for 10-Nov-2023 based on Option Chain data as on EOD 9-Nov-2023 for Expiry on 16-Nov-2023 Data is pointing towards 19432 (Futures). Nifty spot Support 19300 and Resistance 19800. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players want to w

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures data was split with two parameters showing two values in different direction with 19259 on lower side and  19610 on higher side.  Bank Nifty 0DTE was pointing towards high of 44000 and 44400. The high for the day was 43996.15  Next trading day prediction  (Futures).  Nifty (0DTE) Zero Days to Expiry Outlook for 9-Nov-2023 based on Option Chain data as on EOD 8-Nov-2023 for Expiry on 9-Nov-2023 Data is pointing towards 19551.  Nifty spot Support 19300 and Resistance 19800. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Next trading day prediction  (Futures).  BamkNifty 0DTE Zero Days to Expiry Outlook for 8-Nov-2023 based on Option Chain data as on EOD 7-Nov-2023 for Expiry on 8-Nov-2023 Data is pointing towards 44000 and 44400. Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players want to wait for overnight developments and then decide on direction to take.  (3) Sideways Markets. 3. Global Uncertainties and events like US FOMC meets etc  could cause some disruption.  4. Instead of using my predictions for trading,

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures data was split with two parameters showing two values in different direction with 19400 on lower side and  19597 on higher side. The low for the day was 19415 after which markets recovered and reached the high of 19493.90  FinNifty 0DTE was pointing towards 19765 on higher side. However there was weakness during the day with lows of 19459 from where it recovered and reached the highs of 19666. Although it did not reach the expected levels, buy on dips could have been helpful here. Next trading day prediction  (Futures).  Nifty Outlook for 8-Nov-2023 based on Option Chain data as on EOD 7-Nov-2023 for Expiry on 9-Nov-2023 Data is still split on both sides with one parameter pointing towards 19259 and another pointing towards 19610.  It looks like Market is not able to make its mind on direction to be taken, It does not happen regularly but it does happen someti

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Next trading day prediction  (Futures).  FinNifty (0DTE) Zero days to expiry Outlook for 7-Nov-2023 based on Option Chain data as on EOD 6-Nov-2023 for Expiry on 7-Nov-2023 Data is pointing towards 19765 (Futures) Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players want to wait for overnight developments and then decide on direction to take.  (3) Sideways Markets. 3. Global Uncertainties and events like US FOMC meets etc  could cause some disruption.   Disclaimer - This is not a investment or tradin

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures was showing 19300 level which was same as closing level of previous day. Midcap Nifty was pointing towards 8967. The high for the day today was near to that level at 8963.95 Next trading day prediction  (Futures).  Nifty Outlook for 7-Nov-2023 based on Option Chain data as on EOD 6-Nov-2023 for Expiry on 9-Nov-2023 Data is split on both sides with one parameter pointing towards 19400 and another pointing towards 19597. Nifty spot Support 19300 and Resistance 19800. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has no

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Next trading day prediction Midcap Nifty Outlook for 6-Nov-2023 based on Option Chain data as on EOD 3-Nov-2023 for Expiry on 6-Nov-2023 Data is pointing towards 8967 (Futures).  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trading day (2) Global uncertainties, when large players want to wait for overnight developments and then decide on direction to take.  (3) Sideways Markets. 3. Global Uncertainties and events like US FOMC meets etc  could cause some disruption.   4. Indexes and stocks will lower volume may be prone to manipulation. Disclaimer -

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures was expected to move towards 19443. It reached high of 19413 and reversed from there to close at 19296.  Next trading day prediction Nifty Outlook for 6-Nov-2023 based on Option Chain data as on EOD 3-Nov-2023 for Expiry on 9-Nov-2023 Data is pointing towards 19300 (Futures). This level is where the nifty futures closed on 3-Nov-2023, so it looks like Market would make up its mind on direction to be taken for the day on Monday. I will recheck the data in first hour of trading on Monday to see any change. Nifty spot Support 18800 and Resistance 19400. In between there are minor support and resistance.  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty was expected to move towards 19000 but that did not happen. Instead of going down, it went up. There are two possible reasons for this. (1) Last night fed made announcement of holding the interest rates had a positive impact on US markets and same impact happened here in India. (2) Since it was a expiry day and most of the options premium get lower due to theta decay, market might move in different direction. This will have to be observed for few more expiries before making any conclusion.   Next trading day prediction Nifty Outlook for 3-Nov-2023 based on Option Chain data as on EOD 2-Nov-2023 for Expiry on 9-Nov-2023 Data is pointing towards 19443 (Futures).  Nifty spot Support 18700 to 18800 and Resistance 19300 to 19400  If Nifty crosses and closes above the resistance of 19400 then next resistance is 19700 to 19800. Note -  1, If Prediction is pointing towards h

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review There was not much clarity in data as two different parameters were pointing in two different directions, however looking at overall weakness, it looked like Nifty futures will move downward and that is what happened. (Futures) Next trading day prediction Nifty Outlook for 2-Nov-2023 based on Option Chain data as on EOD 1-Nov-2023 for Expiry on 2-Nov-2023 Data is pointing towards 19000 (Futures).  Nifty spot Support 18700 to 18800 and Resistance 19300 to 19400  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2.  Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned it for next trad