Thursday, October 30, 2008

FOR OCT 31




******Trading system for NIFTY
Ø 3d LMA- 2470, 3d HMA- 2687.
3d SMA- 2635, 8d SMA- 2857, 34d SMA- 3619.
Ø ~BIAS – positive, MOMENTUM – negative, TREND – negative.
Ø STRATEGY-
*New call- No new call generated.
*Open position- close shorts as bias turned positive.
Ø STOPLOSS-
*for shorts--- stopprd out.
*for longs---2470.

***Fund flow (October 27)
~FIIs net in Index fut. + 482 cr, FIIs net in Stock Fut. + 285 cr
~FIIs in Cash Market - 1011 cr, Mut Funds in Cash Market + 503 cr
***total fund flow + 259 cr today & nifty was down by 60 points.

***Fund flow (October 28)
~FIIs net in Index fut. + 309 cr, FIIs net in Stock Fut. + 65 cr
~FIIs in Cash Market - 0 cr, Mut Funds in Cash Market + 15 cr
***total fund flow + 389 cr today & nifty was up by 160 points.
*** So far net fund flow of - 11355 cr in October series. (Nifty is also down in October series).