Wednesday, December 31, 2008
UPDATES FOR JAN 1
******Trading system update for NIFTY. (2959)******
~BIAS –neutral. (3d HMA- 2978, 3d LMA-2883)
~MOMENTUM – negative. (3d SMA- 2954, 8d SMA-2965)
~TREND – positive. (8d SMA-2965, 34d SMA-2847)
~Weekly close at 2857.
Ø STRATEGY-
*Positional—long (50% only)
*stop loss – 3d SMA (50%)-2954.
Ø *SUPPORTS- 2954,2883,2857,2847.
*RESISTANCE-2965,2978.
(our trading system generated LONG call when nifty closed at 2979).
************FUND FLOW UPDATE***********
***Fund flow (December 26)
~FIIs net in Index fut. - 60 cr, FIIs net in Stock Fut. + 15 cr
~FIIs in Cash Market – 259 cr, Mut Funds in Cash Market - 206 cr
***total fund flow – 510 cr today & nifty was down by 60 points.
***Fund flow (December 29)
~FIIs net in Index fut. + 23 cr, FIIs net in Stock Fut. - 63 cr
~FIIs in Cash Market – 10 cr, Mut Funds in Cash Market + 162 cr
***total fund flow + 112 cr today & nifty was up by 65 points.
***Fund flow (December 30)
~FIIs net in Index fut. + 328 cr, FIIs net in Stock Fut. + 37 cr
~FIIs in Cash Market + 124 cr, Mut Funds in Cash Market + 257 cr
***total fund flow + 746 cr today & nifty was up by 57 points.
*** So far net fund flow of + 348 cr in January series. (Nifty is also up in January series).
Tuesday, December 30, 2008
Trading system update for dec 31
~BIAS –positive. (3d HMA- 2964, 3d LMA-2852)
~MOMENTUM – negative but closed above 8d SMA. (3d SMA- 2920, 8d SMA-2978)
~TREND – positive. (8d SMA-2978, 34d SMA-2847)
~Weekly close at 2857.
Ø STRATEGY-
*Positional—long (50% only as momentum still negative)
*stop loss – 3d SMA (50%)-2920.
Ø *SUPPORTS- 2978,2964,2920,2857,2852,2847.
*RESISTANCE-nil.
(our trading system generated short call when nifty closed at 2917 and today generated exit call when nifty closed at 2979……loss of 62 points).
Monday, December 29, 2008
trading system update for dec 30
~BIAS –neutral.(3d HMA- 2954, 3d LMA-2853)
~MOMENTUM – negative. (3d SMA- 2899, 8d SMA-2975)
~TREND – positive. (8d SMA-2975, 34d SMA-2845)
~Weekly close at 2857.
Ø STRATEGY-
*Positional—short (50% only as closed above 3d SMA)
*stop loss – 3d HMA (50%)-2953.
Ø *SUPPORTS- 2899,2857,2853,2845.
*RESISTANCE-2953,2975.
(our trading system generated short call when nifty closed at 2917).
If bias turns positive tomorrow (if closes above 3d HMA) then cut all your shorts and create longs.
Friday, December 26, 2008
UPDATES FOR DEC 29
~BIAS –negative. (3d HMA- 2989, 3d LMA-2901)
~MOMENTUM – negative. (3d SMA- 2914, 8d SMA-2990)
~TREND – positive. (8d SMA-2990, 34d SMA-2847)
~Weekly close at 2857.
Ø STRATEGY-
*Positional—short
*stop loss – 3d SMA (50%)-2914 & 3d HMA (50%)-2989.
Ø *SUPPORTS- 2847.
*RESISTANCE-2901,2914,2989,2990.
(our trading system generated short call when nifty closed at 2917).
******* TECHNICALS UPDATE*******
-Nifty is in sideway trend with downward bias.
-RSI uptrend line broken today.
-MACD is now in sell mode.
-stochastic in sell mode but near oversold.
-ADX suggests that downtrend had begun.
-ATR suggests that after many days nifty range increased.
*******VIX UPDATE*******
-India VIX closed at 45.16
-downward trendline broken today which suggests that fear had re-emerged in market again and downtrend had begun.
************FUND FLOW UPDATE***********
***Fund flow (December 19)
~FIIs net in Index fut. + 324 cr, FIIs net in Stock Fut. - 51 cr
~FIIs in Cash Market + 562 cr, Mut Funds in Cash Market + 295 cr
***total fund flow + 1130 cr today & nifty was up by 17 points.
***Fund flow (December 22)
~FIIs net in Index fut. - 488 cr, FIIs net in Stock Fut. - 40 cr
~FIIs in Cash Market – 224 cr, Mut Funds in Cash Market + 163 cr
***total fund flow – 589 cr today & nifty was down by 38 points.
***Fund flow (December 23)
~FIIs net in Index fut. - 553 cr, FIIs net in Stock Fut. - 385 cr
~FIIs in Cash Market – 272 cr, Mut Funds in Cash Market - 103 cr
***total fund flow – 1313 cr today & nifty was down by 70 points.
***Fund flow (December 24)
~FIIs net in Index fut. - 921 cr, FIIs net in Stock Fut. + 455 cr
~FIIs in Cash Market – 118 cr, Mut Funds in Cash Market + 337 cr
***total fund flow – 247 cr today & nifty was down by 52 points.
*** So far net fund flow of + 3885 cr in December series. (Nifty + 162 in December series).
***Past fund flow (from June 2008 series)
- 8071 cr in June series (Nifty -520 in the series),
+ 6474 cr in July series (Nifty +18 in the series),
- 6641 cr in August series (Nifty -119 in the series),
- 6903 cr in September series (Nifty -104 in the series),
- 9863 cr in October series (Nifty -1413 in the series),
- 371 cr in November series (Nifty +58 in the series),
+ 3885 cr in December series (Nifty +162 in the series).
So December series is best series in last 7 months in terms of monthly gain.
Happy trading and investing.
-Dr.Jignesh Shah
technical update
Wednesday, December 24, 2008
trading system update
~BIAS – turned negative. (3d HMA- 3039, 3d LMA-2962)
~MOMENTUM – turned negative. (3d SMA- 2975, 8d SMA-3005)
~TREND – positive. (8d SMA-3005, 34d SMA-2855)
~Weekly close at 3077.
Ø STRATEGY-
*Positional—short
*stop loss – 3d SMA (50%)-2975 & 3d HMA (50%)-3039.
Ø *SUPPORTS- 2855.
*RESISTANCE-2975,3006,3039,3077.
(our trading system generated long call when nifty was at 2784 and it generated exit call when nifty closed at 2968……..gain of 184 points).
Friday, December 19, 2008
updates for dec 22
~BIAS – neutral. (3d HMA- 3085, 3d LMA-2967)
~MOMENTUM – positive. (3d SMA- 3031, 8d SMA-2986)
~TREND – positive. (8d SMA-2986, 34d SMA-2846)
Ø STRATEGY-
*Positional—long.
*stop loss – 3d SMA(50%)-3031 & 3d LMA(50%)-2967.
Ø *SUPPORTS- 3031,2986,2967,2846.
*RESISTANCE-3085.
***Fund flow (December 18)
~FIIs net in Index fut. + 1019 cr, FIIs net in Stock Fut. - 74 cr
~FIIs in Cash Market – 54 cr, Mut Funds in Cash Market - 181 cr
***total fund flow + 710 cr today & nifty was up by 106 points.
*** So far net fund flow of + 4904 cr in December series. (Nifty is also up in December series).
Thursday, December 18, 2008
updates for dec 19
~BIAS – neutral. (3d HMA- 3067, 3d LMA-2943)
~MOMENTUM – positive. (3d SMA- 3019, 8d SMA-2949)
~TREND – positive. (8d SMA-2949, 34d SMA-2835)
Ø STRATEGY-
*Positional—long.
*stop loss – 3d SMA(50%)-3019 & 3d LMA(50%)-2943.
Ø *SUPPORTS- 3019,2949,2943,2835.
*RESISTANCE-3067.
***Fund flow (December 12)
~FIIs net in Index fut. - 665 cr, FIIs net in Stock Fut. - 230 cr
~FIIs in Cash Market – 106 cr, Mut Funds in Cash Market + 124 cr
***total fund flow – 877 cr today & still nifty was up by 1 point.
***Fund flow (December 15)
~FIIs net in Index fut. - 201 cr, FIIs net in Stock Fut. + 3 cr
~FIIs in Cash Market + 239 cr, Mut Funds in Cash Market + 161 cr
***total fund flow + 202 cr today & nifty was up by 60 points.
***Fund flow (December 16)
~FIIs net in Index fut. + 539 cr, FIIs net in Stock Fut. - 4 cr
~FIIs in Cash Market + 27 cr, Mut Funds in Cash Market - 56 cr
***total fund flow + 506 cr today & nifty was up by 60 points.
***Fund flow (December 17)
~FIIs net in Index fut. + 172 cr, FIIs net in Stock Fut. + 37 cr
~FIIs in Cash Market – 109 cr, Mut Funds in Cash Market - 167 cr
***total fund flow – 67 cr today & nifty was down by 87 points.
*** So far net fund flow of + 4194 cr in December series. (Nifty is also up in December series).
Wednesday, December 17, 2008
updates for dec 18
~BIAS – turned neutral. ( 3d HMA- 3047, 3d LMA-2941)
~MOMENTUM – positive. (3d SMA- 2992, 8d SMA-2906)
~TREND – positive. (8d SMA-2906, 34d SMA-2819)
Ø STRATEGY-
*Positional—long.(hold only 50% as closed below 3d SMA)
*stop loss – 3d LMA(50%)-2941.
Ø *SUPPORTS- 2941,2906,2819.
*RESISTANCE-2992,3047.
Tuesday, December 16, 2008
trading system update
~BIAS – turned positive. ( 3d HMA- 2965, 3d LMA-2864)
~MOMENTUM –positive. (3d SMA- 2941, 8d SMA-2834)
~TREND – turned positive. (8d SMA-2834, 34d SMA-2805)
Ø STRATEGY-
*Positional—long.(100%)
*stop loss – 3d SMA(50%)-2941 & 3d LMA(50%)-2864.
Ø *SUPPORTS- 2965,2941,2864,2834,2805.
*RESISTANCE-nil.
Monday, December 8, 2008
FOR DEC 10
Nifty is in short term uptrend and medium term trend is still sideway.
******Trading system for NIFTY. (2784)
Ø 3d LMA- 2687, 3dHMA- 2825.
3d SMA- 2762, 8dSMA-2724, 34d SMA-2827.
Ø ~BIAS – neutral, MOMENTUM –positive, TREND – negative.
Ø STRATEGY-
*Positional—long.
*stop loss - 3d SMA(50%)-2762 & 3d LMA(50%)-2687.
Ø *SUPPORTS- 2762,2724,2687.
*RESISTANCE-2825,2827.
***Fund flow (December 2)
~FIIs net in Index fut. - 138 cr, FIIs net in Stock Fut. - 116 cr
~FIIs in Cash Market - 320 cr, Mut Funds in Cash Market - 327 cr
***total fund flow – 901 cr today & nifty was down by 25 points.
***Fund flow (December 3)
~FIIs net in Index fut. + 44 cr, FIIs net in Stock Fut. + 203 cr
~FIIs in Cash Market - 487 cr, Mut Funds in Cash Market + 106 cr
***total fund flow – 134 cr today & nifty was down by 2 points.
***Fund flow (December 4)
~FIIs net in Index fut. + 769 cr, FIIs net in Stock Fut. + 90 cr
~FIIs in Cash Market + 448 cr, Mut Funds in Cash Market + 84 cr
***total fund flow + 1391 cr today & nifty was up by 131 points.
***Fund flow (December 5)
~FIIs net in Index fut. - 261 cr, FIIs net in Stock Fut. - 182 cr
~FIIs in Cash Market + 51 cr, Mut Funds in Cash Market - 195 cr
***total fund flow – 587 cr today & nifty was down by 78 points.
*** So far net fund flow of + 35 cr in December series.
Friday, December 5, 2008
Wednesday, December 3, 2008
for december 3
Nifty is in downmove of probable sideway trend.
***Fund flow (November 26)
~FIIs net in Index fut. + 750 cr, FIIs net in Stock Fut. + 244 cr
~FIIs in Cash Market - 436 cr, Mut Funds in Cash Market + 313 cr
***total fund flow + 871 cr today & nifty was up by 98 points.
***Fund flow (November 28)
~FIIs net in Index fut. - 743 cr, FIIs net in Stock Fut. + 254 cr
~FIIs in Cash Market + 419 cr, Mut Funds in Cash Market + 605 cr
***total fund flow + 535 cr today & nifty was up by 3 points.
*** So far net fund flow of - 371 cr in November series. (Nifty is + 58 in November series).
***Fund flow (December 1)
~FIIs net in Index fut. + 230 cr, FIIs net in Stock Fut. - 43 cr
~FIIs in Cash Market +154 cr, Mut Funds in Cash Market - 75 cr
***total fund flow + 266 cr today & still nifty was down by 72 points.
- 8071 cr in June series (Nifty -520 in the series),
+ 6474 cr in July series (Nifty +18 in the series),
- 6641 cr in August series (Nifty -119 in the series),
- 6903 cr in September series (Nifty -104 in the series),
- 9863 cr in October series (Nifty -1413 in the series),