Nifty Bank Nifty FinNifty Probability Insights

Patterns based prediction  Jai Jinendra, There are two types of data available for Nifty.  1. Historical Price Data and 2. Option Chain Data Every data contains patterns based on which it is possible to predict the expected movement of the market. Here I am trying to derive expected movement of Nifty in next 20 trading session which will be approx 1 month timeframe from every day.  This blog is like central repository for me that I can refer in future to see how my research of the subject is progressing. Please don't use it for your trading. See the disclaimer below. Next 20 days Outlook of Nifty based on Patterns from Historical Price Data and Option Chain Data as on 28-Dec-2023 1. The historical price data as on 28-Dec-2023 is matching the pattern with  21-April-2014. Nifty had appreciated 10.94%, corrected -2.63% and closed 6.38% from the opening levels of 22-April-2014. 2. Option Chain Data of January expiry is pointing towards the range of 20295 to 22938. My only worry is mark

 I am taking a break for some time. Will be back with my blog once I am free from my work.

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21481 with intraday high of 21594 intraday low of 21415 on lower side. and closed at 21529 Nifty data was split with one parameter pointing towards 21625 on higher side and another pointing towards 21350 on lower side. Nifty remained within the mentioned range. Next trading day prediction  (Futures).  Nifty Outlook for    20 -Dec-2023 based on Option Chain data as on EOD 19-Dec-2023 for Expiry on 21-Dec-2023 Nifty Data is pointing towards 21650 on higher side and 21450 on lower side.  Refer point 2 in Note below for reason for system pointing two values on opposite sides. Nifty spot minor support 21000 major support 19800 and no major Resistance.  Nifty has gone up too fast. It must take some consolidation before continuing the rally else there is a risk of sharp downfall also. Note -  1, If Prediction is pointing towards high, and market opens high

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21509 with intraday high of 21547 intraday low of 21458 on lower side. and closed at 21466 Nifty data was split with one parameter pointing towards 21731 on higher side and another pointing towards 21450 on lower side. Nifty remained within the mentioned range with downard bias. Next trading day prediction  (Futures).  Nifty Outlook for    19 -Dec-2023 based on Option Chain data as on EOD 18-Dec-2023 for Expiry on 21-Dec-2023 Nifty Data is pointing towards 21625 on higher side and 21350 on lower side. Refer point 2 in Note below for reason for system pointing two values on opposite sides. Nifty spot minor support 21000 major support 19800 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 paramete

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21400 with intraday high of 21589 intraday low of 21354 on lower side. and closed at 21558 Next trading day prediction  (Futures).  Nifty Outlook for    18 -Dec-2023 based on Option Chain data as on EOD 15-Dec-2023 for Expiry on 21-Dec-2023 Nifty Data is pointing towards 21731 on higher side and 21450 on lower side  Nifty spot minor support 21000 major support 19800 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 planned it for next trading day (2) Global uncertainties, when large pl

 Nifty was pointing towards 20913. The actual low for the day was 20900. Target achieved. I am traveling so not able to circulate update for 14-Dec-2023. 

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21112 with intraday high of 21129 intraday low of 20991 on lower side. and closed at 21009 Nifty futures data was pointing towards 20950 on lower side.  Next trading day prediction  (Futures).  Nifty Outlook for    13 -Dec-2023 based on Option Chain data as on EOD 12-Dec-2023 for Expiry on 14-Dec-2023 Nifty Data is pointing towards 20913 Nifty spot Support 19800 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 planned it for next trading day (2) Global uncertainties, when large player

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21086 with intraday high of 21119 intraday low of 21032 on lower side. and closed at 21079 Nifty futures data was pointing towards 21039 and 20900 on lower side. First target was achieved. Next trading day prediction  (Futures).  Nifty Outlook for    12 -Dec-2023 based on Option Chain data as on EOD 11-Dec-2023 for Expiry on 14-Dec-2023 Nifty Data is pointing towards 20950 Nifty spot Support 19800 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 planned it for next trading day (2) Glo

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21085 with intraday high of 21107 intraday low of 20949 on lower side. and closed at 21090 Nifty futures data was pointing towards 21175 on higher side and  20900 on lower side. Market remained within that range. Next trading day prediction  (Futures).  Nifty Outlook for    11 -Dec-2023 based on Option Chain data as on EOD 8-Dec-2023 for Expiry on 14-Dec-2023 Nifty Data is pointing towards 21039 and 20900 on lower side. 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 oper

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21019 with intraday high of 21048 intraday low of 20956 and closed at 21033 Nifty futures data was pointing towards 20735 but market is not yet showing any weakness. Next trading day prediction  (Futures).  Nifty Outlook for    8 -Dec-2023 based on Option Chain data as on EOD 7Dec-2023 for Expiry on 7-Dec-2023 Nifty Data is split with one pointing towards 20175 on higher side and another pointing towards 20900 on lower side. Refer point 2 in Note below for the reason 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 roll

Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 21038 with intraday high of 21080 intraday low of 20941 and closed at 21040 Nifty futures data was pointing towards 20737 but market continues with upward journey. Next trading day prediction  (Futures).  Nifty Outlook for    7 -Dec-2023 based on Option Chain data as on EOD 6-Dec-2023 for Expiry on 7-Dec-2023 Although market is moving up, data is not reflecting that. Nifty Data pointing towards 20735 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 planned it

  Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 20855 with intraday high of 20955 intraday low of 20802 and closed at 20953 Nifty futures data was pointing towards 20700 but market still seems to be celebrating the 5 state election results. Next trading day prediction  (Futures).  Nifty Outlook for    6 -Dec-2023 based on Option Chain data as on EOD 5-Dec-2023 for Expiry on 7-Dec-2023 Nifty Data pointing towards 20737 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 planned it for next trading day (2) Glo

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Next trading day prediction  (Futures).  FinNifty (0DTE) Outlook for    5 -Dec-2023 based on Option Chain data as on EOD 4-Dec-2023 for Expiry on 5-Dec-2023 FinNifty futures closed at 21015 FinNifty Data pointing towards 20739 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 t

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 20640  with intraday high of 20828.30 intraday low of 20615.50 and closed at 20804.06 Nifty futures data was pointing towards 20311 but positive state results during the weekend changed the sentiments.  Next trading day prediction  (Futures).  Nifty Outlook for    5 -Dec-2023 based on Option Chain data as on EOD 4-Dec-2023 for Expiry on 7-Dec-2023 Nifty Data pointing towards 20700 and 20550 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 planned it for next

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty futures opened at 20292.90 with intraday high of 20410 intraday low of 20292.90 and closed at 20360 Nifty futures data was pointing towards 20339 and 20200.  Next trading day prediction  (Futures).  Nifty Outlook for    4 -Dec-2023 based on Option Chain data as on EOD 1-Dec-2023 for Expiry on 7-Dec-2023 Nifty Data pointing towards 20311 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 planned it for next trading day (2) Global uncertainties, when large players want to wait for