20 June 2025 — Weekly Report & PostMortem + Nifty back above 25000
Nifty Stance Bullish 🐂
I had to make some adjustments to the EMAs and the timeframes to account for the choppiness. The revised EMA looks better and the strategy tester gave me the following results
- P&L percentage — 17.59%
- Profit percentage — 39.62%
- Profit factor 1.62
The time frames are switched back to my original 16mts and 63mts custom TF. This resonates much better with my intraday algos too.
The good thing is we had a reversal today and at 25008 levels, the EMAs crossed, giving a long signal. The stop loss for the previous entry was 134pts, and if you equate it with 1 lot of Nifty, it means = Rs 10050.
Nifty ended up moving 300pts today and surprised everyone. If this move came yesterday, it would have been a superb expiry. Unfortunately, we just had a sideways day yesterday.
Nifty shrugging off the Iran-Israel war and going back above 25000 is quite commendable. Maybe, the big boys know something that we don’t. 25222 is the nearest resistance and its looks like we might take that out, unless we have worsening geo-political cues. According to me, if the US joins Israel, the markets should actually go up.
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