******Trading system for NIFTY. (2654)
Ø 3d LMA- 2604, 3dHMA- 2750.
3d SMA- 2685, 8dSMA-2692, 34d SMA-2999.
Ø ~BIAS – neutral, MOMENTUM – negative, TREND – negative.
Ø STRATEGY-
*Positional—neutral.
Ø *SUPPORTS- 2604.
*RESISTANCE-2685,2692,2750,2999.
******Trading system for Reliance Ind. (1072)
Ø 3d LMA- 1052, 3dHMA- 1174.
3d SMA- 1114, 8dSMA-1120, 34d SMA-1299.
Ø ~BIAS – neutral, MOMENTUM – negative, TREND – negative.
Ø STRATEGY-
*Positional—neutral.
Ø *SUPPORTS- 1052.
*RESISTANCE-1114,1120,1174,1299.
******Trading system for NTPC. (153.9)
Ø 3d LMA- 145.7, 3dHMA- 156.
3d SMA- 152.6, 8dSMA-146.5, 34d SMA-151.7.
Ø ~BIAS – neutral, MOMENTUM – positive, TREND – negative.
Ø STRATEGY-
*Positional— long
*stop loss - 3d SMA(50%)-152.6 & 3d LMA(50%)-145.7.
Ø *SUPPORTS- 152.6,151.7,146.5,145.7.
*RESISTANCE-156.
******Trading system for SBIN. (1072)
Ø 3d LMA- 1087, 3dHMA- 1207.
3d SMA- 1134, 8dSMA-1127, 34d SMA-1270.
Ø ~BIAS – negative, MOMENTUM – positive, TREND – negative.
Ø STRATEGY-
*Positional— short
*stop loss - 3d SMA(50%)- 1134 and at 3d HMA(50%)- 1207.
Ø *SUPPORTS- nil.
*RESISTANCE-1087,1127,1134,1207,1270.
