QUANT SYSTEM TRADE RECOMMENDATION - 26.12.21

From the desk of Capt.D.Ganesh Raja

Dear Friends,

I have just boarded another ship after a brief break and again I am posting just in time before vessel departure. I will keep it brief.

In the precious post I had indicated that a relief rally cannot be ruled out and we did see a minor rally in markets last week. Quant system has given has again given short signal as of Friday, 24.12.21 closing of 17003.75. Line studies indicate that the fall might continue. It has failed to cross the upper channel line of the downward channel and probably on the verge of forming a steeper downward channel. 10-year Government Security index has failed to cross previous resistance which is a negative signal for the markets. VIX is placed at 16 levels now and as discussed sometime ago there are good possibilities of elevated VIX levels.

GOLD (MCX): No change in view for Gold from previous week’s post. Daily chart is indicating some more consolidation now.

Note for reading this report:

Note1: The stop losses are on end of day basis

Note2: When trade recommendation is given around a certain price, it means that the trade may be taken the next trading day or if a price zone is given for taking a trade then trade has to be taken on the day price reaches within that zone.

Note3: A separate excel sheet is attached to view the performance of the recommendations, which also reduces the task of individually reporting the performance of each trade recommendation. Viewing the excel sheet “TRADE RECOMMENDATION LOG” will be self-explanatory. Also in this sheet Trade recommendations which are still active are marked.

When signals are triggered mid-week, that is updated in log sheet and covered in the weekend report, due to paucity of time.

EXISTING TRADE RECOMMENDATION OVERVIEW

REFER TO TRADE RECOMMENDATION LOG.

NEW TRADE RECOMMENDATION

REFER TO TRADE RECOMMENDATION LOG.

NOTE: The levels indicated in the Trade Recommendation Log are as per previous close. Some amount of leeway has to be allowed between 0.2 to 0.6% from those prices for taking positions based on these recommendations.

TOTAL LEVERAGE OF ABOVE NEW TRADE RECOMMENDATIONS: 1.2

COMBINED PROFIT POTENTIAL FOR ABOVE TRADES: NA

TIME WINDOW OF TRADES: 7 DAYS TO 60 DAYS.

TOTAL LEVERAGE INCLUDING UNCLOSED POSITIONS AS PER PREVIOUS RECOMMENDATION: 12.6X

RETURNS TILL DATE SINCE 04.07.20 : 63.61% (AS OF FRIDAY 26.12.21 CLOSING)

TRADE RECOMMENDATION LOG.pdf

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