FOR OCT 29

**************************HAPPY NEW YEAR***********************

******Trading system for NIFTY
Ø 3d LMA- 2435, 3d HMA- 2739.
3d SMA- 2598, 8d SMA- 2904, 34d SMA- 3671.
Ø ~BIAS – neutral, MOMENTUM – negative, TREND – negative.
Ø STRATEGY-
*New call- No new call generated.
*Open position- Hold shorts with closing stop at 2739.It is time to tighten your stop as bias turned neutral
Ø STOPLOSS-
*for shorts--- 2739.
*for longs---2435.