*******Technicals
Nifty is in upmove of probable sideway trend.
******Trading system for NIFTY. (2752)
Ø 3d LMA- 2638, 3dHMA- 2764.
3d SMA- 2705, 8dSMA-2685, 34d SMA-2974.
Ø ~BIAS – neutral, MOMENTUM –positive, TREND – negative.
Ø STRATEGY-
*Positional—neutral.
Ø *SUPPORTS- 2705,2685,2638.
*RESISTANCE-2764,2974.
******Trading system for Reliance Ind. (1139)
Ø 3d LMA- 1064, 3dHMA- 1171.
3d SMA- 1119, 8dSMA-1119, 34d SMA-1284.
Ø ~BIAS – neutral, MOMENTUM – neutral, TREND – negative.
Ø STRATEGY-
*Positional—neutral.
Ø *SUPPORTS- 1119,1119,1064.
*RESISTANCE-1171,1284.
******Trading system for NTPC. (164.5)
Ø 3d LMA- 150.8, 3dHMA- 160.4.
3d SMA- 157.3, 8dSMA-148.4, 34d SMA-151.6.
Ø ~BIAS – positive, MOMENTUM – positive, TREND – negative.
Ø STRATEGY-
*Positional— long
*stop loss - 3d SMA(50%)-157.3& 3d LMA(50%)-150.8.
Ø *SUPPORTS- 160.4,157.3,151.6,150.8,148.4.
*RESISTANCE-nil.
***Fund flow (November 24)
~FIIs net in Index fut. - 6cr, FIIs net in Stock Fut. + 89cr
~FIIs in Cash Market - 312 cr, Mut Funds in Cash Market + 104cr
***total fund flow – 125 cr today & nifty was up by 15 points.
***Fund flow (November 25)
~FIIs net in Index fut. + 373cr, FIIs net in Stock Fut. + 158 cr
~FIIs in Cash Market + 1 cr, Mut Funds in Cash Market + 118 cr
***total fund flow + 650 cr today & still nifty was down by 54 points.
*** So far net fund flow of - 1777 cr in November series.
