I am trying to using LuxAlgo's awesome time-series predictive fittings into the Nifty daily chart.
The last one month's (19th July to 19th Aug - mentioned as orange in the photo) has the most similarity between 20th Dec'21 to 20th Jan'22 (green in the photo) :)
My construction is: training window (grey in the photo) is last 10 months and prediction window is next 1 month (dotted portion). Make sense?
So you now can refer that per price-chart to see how the price action was after 20th Jan and decide by yourself where Nifty is heading for Sept'22 :)
Of course LuxAlgo indicator provides a way to predict the future based on the most similar (which I used) correlation coefficient, using cumulative time series prediction construction.
The data is shown also.
In my tweeter handle @pradip_ I am also adding how the future price looks like if I use prediction construction as mean or linear-regression. Please check.
The last one month's (19th July to 19th Aug - mentioned as orange in the photo) has the most similarity between 20th Dec'21 to 20th Jan'22 (green in the photo) :)
My construction is: training window (grey in the photo) is last 10 months and prediction window is next 1 month (dotted portion). Make sense?
So you now can refer that per price-chart to see how the price action was after 20th Jan and decide by yourself where Nifty is heading for Sept'22 :)
Of course LuxAlgo indicator provides a way to predict the future based on the most similar (which I used) correlation coefficient, using cumulative time series prediction construction.
The data is shown also.
In my tweeter handle @pradip_ I am also adding how the future price looks like if I use prediction construction as mean or linear-regression. Please check.