******Trading system for NIFTY DAILY. (3077)
~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).
