QUANT SYSTEM TRADE UPDATE - 21.06.22

From the desk of Capt.D.Ganesh Raja DATE: 21.06.22

Dear friends,

I am unable to view my system, since my laptop has been kept in safe custody, as I am working in a high security area, where even a camera phone is not allowed.

Typically I have been in this situation many times before and I have lost out on recommending accurate signals. Even recently there was a short signal in the Nifty at 16500 levels, but I did not stake claim for it since the event was already past it. Also it becomes difficult to prove the credibility of what you are demonstrating, when you write something post an event has passed. However, I am okay with operating with these constraints and continue demonstrating.

I have tried to form a view using some free information and indicators available over the internet, but definitely would pale compared to custom designed indicators which form a part of overall system.

Based on this, here is the update on the trades recommended till date.

GOLD: Bear the volatility with a grin for long term results.

MCX CRUDE: Continue to hold long position as recommended before. Crude oil also is giving part of its gains since recession talks are doing the rounds.

USD-INR: As of today’s close of 78.12, it has crossed the first target and I recommend continue holding position till some trend reversal signal shows up. Keep profit protection stop at 77.75.

ACC: As of today’s close of 2086.25 book profit in this trade even though target not achieved. Trade recommendation closed. Asset allocation profit – 0.22%

SUN PHARMA: Sun Pharma achieved its 2nd target price of 795.0 on 20.06.22 when it closed at 793.40. Trade recommendation closed. Asset allocation profit – 1.08%.

SBI: As of 20.06.22 closing of 437.40 the first target was achieved. Trade recommendation closed. Asset allocation profit – 1.16%.

This is the best I can do as of now and hope to connect with you all soon.