******Trading system for NIFTY
Ø 3d LMA- 3076, 3d HMA- 3243.
3d SMA- 3141, 8d SMA- 3264, 34d SMA- 3879.
Ø ~BIAS – negative, MOMENTUM – negative, TREND – negative.
Ø STRATEGY-
*New call- sell nifty as bias turned negative today.
*Open position- Hold shorts with closing stop at 3243.
Ø STOPLOSS-
*for shorts at 3243.
*for longs stopped out
***Fund flow (October 21)
~FIIs net in Index fut. + 608 cr, FIIs net in Stock Fut. + 392 cr
~FIIs in Cash Market + 114 cr, Mut Funds in Cash Market + 602 cr
***total fund flow + 1716 cr today & nifty was up by 112 points.
*** So far net fund flow of - 7574 cr in October series. (Nifty is also down in October series).
Ø 3d LMA- 3076, 3d HMA- 3243.
3d SMA- 3141, 8d SMA- 3264, 34d SMA- 3879.
Ø ~BIAS – negative, MOMENTUM – negative, TREND – negative.
Ø STRATEGY-
*New call- sell nifty as bias turned negative today.
*Open position- Hold shorts with closing stop at 3243.
Ø STOPLOSS-
*for shorts at 3243.
*for longs stopped out
***Fund flow (October 21)
~FIIs net in Index fut. + 608 cr, FIIs net in Stock Fut. + 392 cr
~FIIs in Cash Market + 114 cr, Mut Funds in Cash Market + 602 cr
***total fund flow + 1716 cr today & nifty was up by 112 points.
*** So far net fund flow of - 7574 cr in October series. (Nifty is also down in October series).
