******Trading system for NIFTY
Ø 3d LMA- 2565, 3d HMA- 2869.
3d SMA- 2685, 8d SMA- 2977, 34d SMA- 3724.
Ø ~BIAS – negative, MOMENTUM – negative, TREND – negative.
Ø STRATEGY-
*New call- No new call generated.
*Open position- Hold shorts with closing stop at 2869.
Ø STOPLOSS-
*for shorts--- 2869.
*for longs---stopped out
***Fund flow (October 24)
~FIIs net in Index fut. - 1034 cr, FIIs net in Stock Fut. + 205 cr
~FIIs in Cash Market - 1178 cr, Mut Funds in Cash Market - 319 cr
***total fund flow – 2326 cr today & nifty down by 359 points.
*** So far net fund flow of - 12003 cr in October series. (Nifty is also down in October series).
