FOR DEC 10

*******Technicals
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.