for jan 30

******India VIX cosed at 43.11 and is at trendline resistance, so if breaks above then can cause major panic in market.

--nifty feb future discount increased to 28 points thus cost of carry decreased.
--nifty open interest decreased by 97 lacs suggests long unwinding.
--put-call ratio increased to 1.09.
--implied volatility increased by 200 points suggests volatility.
--India VIX closed at 43.11, increased by 6% suggests volatility.
--US markets closed in red.
--Asian markets trading weak..
--Sgx nifty trading at 2780. (-5)
--idfc, gmr, icici, ifci, suzlon had highest rollover.
--ntpc, sail, unitech had lowest rollover.

FUND FLOW UPDATE

************FUND FLOW UPDATE***********
(from http://www.sebi.gov.in/Index.jsp?contentDisp=FIITrends)

**Fund flow (January 22)
~FIIs net in Index fut. + 229 cr, FIIs net in Stock Fut. + 202 cr
~FIIs in Cash Market – 251 cr, Mut Funds in Cash Market - 137 cr
***total fund flow + 43 cr today & nifty was up by 8 points.

**Fund flow (January 23)
~FIIs net in Index fut. - 333 cr, FIIs net in Stock Fut. - 51 cr
~FIIs in Cash Market – 344 cr, Mut Funds in Cash Market - 206 cr
***total fund flow – 934 cr today & nifty was down by 35 points.

**Fund flow (January 27)
~FIIs net in Index fut. + 1139 cr, FIIs net in Stock Fut. - 185 cr
~FIIs in Cash Market – 240 cr, Mut Funds in Cash Market + 27 cr
***total fund flow + 741 cr today & nifty was up by 93 points.
*** So far net fund flow of - 6692 cr in January series. (Nifty is also down in January series).

POSITIONAL CALLS UPDATE

---nifty level is of jan fut.
---reliance levels are of feb fut.
---all other levels are cash levels.
---in ACC stoploss is 493.7

****read also for better implementation of trades

http://niftydoctor.blogspot.com/2009/01/trading-strategy-for-positional-calls.html

FUND FLOW UPDATE

************FUND FLOW UPDATE***********

**Fund flow (January 21)
~FIIs net in Index fut. - 713 cr, FIIs net in Stock Fut. + 46 cr
~FIIs in Cash Market – 762 cr, Mut Funds in Cash Market - 254 cr
***total fund flow – 1683 cr today & nifty was down by 90 points.

*** So far net fund flow of - 6542 cr in January series. (Nifty is also down in January 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).

FUND FLOW UPDATE

************FUND FLOW UPDATE***********

***Fund flow (January 16)
~FIIs net in Index fut. + 646 cr, FIIs net in Stock Fut. +130 cr
~FIIs in Cash Market – 563 cr, Mut Funds in Cash Market + 285 cr
***total fund flow + 498 cr today & nifty was up by 91 points.

***Fund flow (January 19)
~FIIs net in Index fut. - 123 cr, FIIs net in Stock Fut. - 90 cr
~FIIs in Cash Market – 440 cr, Mut Funds in Cash Market + 112 cr
***total fund flow – 541 cr today & nifty was up by 18 points.

***Fund flow (January 20)
~FIIs net in Index fut. + 15 cr, FIIs net in Stock Fut. + 61 cr
~FIIs in Cash Market – 292 cr, Mut Funds in Cash Market - 122 cr
***total fund flow – 338 cr today & nifty was down by 50 points.

*** So far net fund flow of - 4859 cr in January series. (Nifty is also down in January series).

-Also note that today(21st jan) nifty closed at 2706.
- Oct. series closed at 2697, Nov. at 2755 and Dec. at 2917.
-So it will be interesting to watch where nifty closes in current Jan 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).

E-MAIL NEWSLETTER SERVICE

Dear viewers,
From 30th january we will start E-mail newsletter services.
Subscription charges will be
-Rs.750 for 30 days,
-Rs. 1200 for 60 days.
-charges will be non-refundable.
What will be provided?
-Calls will be given (long or short) based on my own trading system breakouts, volume and open interest addition.(new calls) .
- All calls will be followed fully till they are closed.(open calls)
-When to book profit will be given.
-All calls will have stoploss which will work on closing basis.
-Which stocks to keep watch for BTST or STBT will be provided. (stock watch)
-daily two mails will be send-one before market opens containing open calls, new calls and stocks to watch, second mail will be send after market closes containing trading diary for trades follow up using opening range breakout.
Who should subscribe?
-Only positional players and short term traders should subscribe.
-Those who can close there position when stoploss hits.
-Those who trade in market to get reasonable returns.
Who should not subscribe?
-Emotional traders.
-Those who give more importance to target in a call then to stoploss.
-Those who wants to make quick money from market.

Those who are interested can mail me on drjcshah123@yahoo.com

please note that my regular update on nifty will continue here in the blog.
-dr.jignesh shah

TRADINGSYTEM CALLS FOR JAN 20

trading system update

Important notes

1) Trading system Is useful for positional traders and short term traders.

2) It is not useful for day traders.

3) If buy call is generated then keep stoploss of 3d LMA.(reduction of 50 % is advisable if closes below 3d SMA).

4) If short call is generated then keep stoploss of 3d HMA.(reduction of 50 % is advisable if closes above 3d SMA).

5) Investors should buy nifty at the money puts whenever short call is generated in nifty to protect there portfolio.

6) Keep an eye on weekly close, as in a generated long call gives better returns if we are trading above weekly close, reverse is true for short call.

7) It is advisable to book partial profit when ever you are in good profit.

FUND FLOW UPDATE

************FUND FLOW UPDATE***********

***Fund flow (January 12)
~FIIs net in Index fut. - 1444 cr, FIIs net in Stock Fut. + 566 cr
~FIIs in Cash Market – 641 cr, Mut Funds in Cash Market - 440 cr
***total fund flow – 1959 cr today & nifty was down by 100 points.

***Fund flow (January 13)
~FIIs net in Index fut. - 471 cr, FIIs net in Stock Fut. + 371 cr
~FIIs in Cash Market – 334 cr, Mut Funds in Cash Market - 179 cr
***total fund flow – 613 cr today & nifty was down by 28 points.

***Fund flow (January 14)
~FIIs net in Index fut. - 303 cr, FIIs net in Stock Fut. + 207 cr
~FIIs in Cash Market + 75 cr, Mut Funds in Cash Market - 146 cr
***total fund flow – 167 cr today & still nifty was up by 90 points.

***Fund flow (January 15)
~FIIs net in Index fut. - 1016 cr, FIIs net in Stock Fut. - 26 cr
~FIIs in Cash Market – 479 cr, Mut Funds in Cash Market - 237 cr
***total fund flow – 1758 cr today & nifty was down by 99 points.

*** So far net fund flow of - 4478 cr in January series. (Nifty is also down in January series).

trading sytem update for jan 16

----- I have reduced no. of stocks because of time problems.
Important notes
1) Trading system Is useful for positional traders and short term traders.
2) It is not useful for day traders.
3) If buy call is generated then keep stoploss of 3d LMA.(reduction of 50 % is advisable if closes below 3d SMA).
4) If short call is generated then keep stoploss of 3d HMA.(reduction of 50 % is advisable if closes above 3d SMA).
5) Investors should buy nifty at the money puts whenever short call is generated in nifty to protect there portfolio.
6) Keep an eye on weekly close, as in a generated long call gives better returns if we are trading above weekly close, reverse is true for short call.
7) It is advisable to book partial profit when ever you are in good profit.

performance chart---------

trading system levels

trading system update for jan 15

- I will update with levels tommorrow.

-long call in infosys gave good return so far.

-short calls in bharti, r-com,dlf, r-cap,sbi,reliance gave good returns

trading system update

• as there is festival of makarsankranti, I could not update with levels.
• please use i-chart link in eod chart section to find out the stoploss levels.

trading system update for jan 13

Important notes
1) Trading system Is useful for positional traders and short term traders.
2) It is not useful for day traders.
3) If buy call is generated then keep stoploss of 3d LMA.(reduction of 50 % is advisable if closes below 3d SMA).
4) If short call is generated then keep stoploss of 3d HMA.(reduction of 50 % is advisable if closes above 3d SMA).
5) Investors should buy nifty at the money puts whenever short call is generated in nifty to protect there portfolio.
6) Keep an eye on weekly close, as in a generated long call gives better returns if we are trading above weekly close, reverse is true for short call.

FUND FLOW UPDATE

************FUND FLOW UPDATE***********

***Fund flow (January 6)
~FIIs net in Index fut. + 183 cr, FIIs net in Stock Fut. + 24 cr
~FIIs in Cash Market + 445 cr, Mut Funds in Cash Market - 50 cr
***total fund flow + 602 cr today & still nifty was down by 8 points.

***Fund flow (January 7) ----‘great satyam day’
~FIIs net in Index fut. - 666 cr, FIIs net in Stock Fut. - 7 cr
~FIIs in Cash Market – 1058 cr, Mut Funds in Cash Market - 1011 cr
***total fund flow – 2742 cr today & nifty was down by 192 points.

***Fund flow (January 9)
~FIIs net in Index fut. - 408 cr, FIIs net in Stock Fut. + 373 cr
~FIIs in Cash Market – 178 cr, Mut Funds in Cash Market - 350 cr
***total fund flow – 563 cr today & nifty was down by 47 points.

*** So far net fund flow of + 19 cr in January series. (Nifty is down in January series).

update for jan 12

********************TRADING SYTEM UPDATE********************
Important notes
1) Trading system Is useful for positional traders and short term traders.
2) It is not useful for day traders.
3) If buy call is generated then keep stoploss of 3d LMA.(reduction of 50 % is advisable if closes below 3d SMA).
4) If short call is generated then keep stoploss of 3d HMA.(reduction of 50 % is advisable if closes above 3d SMA).
5) Investors should buy nifty at the money puts whenever short call is generated in nifty to protect there portfolio.
6) Keep an eye on weekly close, as in a generated long call gives better returns if we are trading above weekly close, reverse is true for short call.

technical update

******* TECHNICALS UPDATE*******

-upward trendline broken.
-RSI uptrend line broken today.
-MACD is now in sell mode.
-stochastic in sell mode.
-ADX suggests that uptrend seems to be over.
-volume is more on down days.

Quote

Sometimes the best trades
are not the winning ones that put money in your pocket;
sometimes they are the ones that
get you out of the market at the right time.
~ Phil Flynn

UPDATES FOR JAN 7

********TRADING SYSTEM UPDATE*******************************



******NIFTY.
~BIAS –turned neutral.
~MOMENTUM – positive.
~TREND – positive.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%) & 3d LMA (50%).

(our trading system generated long call when nifty closed at 2979).


****** RELIANCE.
~BIAS –positive.
~MOMENTUM – positive.
~TREND – positive.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%) & 3d LMA (50%).

(our trading system generated long call when reliance closed at 1286).

******HDFC
~BIAS –positive.
~MOMENTUM – positive.
~TREND – positive.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)& 3d LMA (50%).
(our trading system generated long call when hdfc closed at 1533).

****** INFOSYS
~BIAS –tuned neutral.
~MOMENTUM – positive.
~TREND – negative.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)& 3d LMA (50%).

(our trading system generated long call when infosys closed at 1173).

******TISCO
~BIAS –positive.
~MOMENTUM – positive.
~TREND – positive.
STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%) & 3d LMA (50%).
(our trading system generated long call when tisco closed at 228.7).

****** SBI
~BIAS –turned neutral.
~MOMENTUM – positive.
~TREND – positive.
Ø STRATEGY-
*Positional—long (50% only as closed below 3d SMA.
*stop loss –3d LMA (50%).
(our trading system generated long call when sbi closed at 1169 on 4th dec.).

****** ONGC
~BIAS –neutral.
~MOMENTUM – positive.
~TREND – negative.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-& 3d LMA (50%)-.
(our trading system generated long call when ongc closed at 684.8.).

****** L&T.
~BIAS –turned neutral.
~MOMENTUM – positive.
~TREND – positive.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-& 3d LMA (50%).
(our trading system generated long call when L&T closed at 821.8.).
****** BHARTI
~BIAS –negative.
~MOMENTUM – negative.
~TREND – positive.
Ø STRATEGY-
*Positional—short(100%)
*stop loss – 3d SMA (50%)-& 3d HMA (50%).
(our trading system generated short call when bharti closed at 685.6.).

****** REL CAPITAL
~BIAS –neutral.
~MOMENTUM – positive.
~TREND – positive.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-& 3d LMA (50%).
(our trading system generated long call when Rel. capital closed at 558.6.).

************FUND FLOW UPDATE***********


***Fund flow (January 2)
~FIIs net in Index fut. + 44 cr, FIIs net in Stock Fut. + 12 cr
~FIIs in Cash Market + 114 cr, Mut Funds in Cash Market + 72 cr
***total fund flow + 242 cr today & nifty was up by 13 points.

***Fund flow (January 5)
~FIIs net in Index fut. + 651 cr, FIIs net in Stock Fut. + 179 cr
~FIIs in Cash Market + 316 cr, Mut Funds in Cash Market + 186 cr
***total fund flow + 1332 cr today & nifty was up by 75 points.
*** So far net fund flow of + 2722 cr in January series. (Nifty is also up in January series).

UPDATES FOR JAN 6

trading is a zero sum game..............
Here money goes from the emotional traders
to
the mechanical traders.
******Trading system update for NIFTY. (3121)******
~BIAS –positive. (3d HMA- 3084, 3d LMA-3014)
~MOMENTUM – positive. (3d SMA- 3067, 8d SMA-2980)
~TREND – positive. (8d SMA-2980, 34d SMA-2855)
~Weekly close at 3047.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-3067 & 3d HMA (50%)-3014.

(our trading system generated long call when nifty closed at 2979).

*********TRADING SYSTEM UPDATE FOR STOCKS**********

******Trading system update for RELIANCE. (1366)******
~BIAS –positive. (3d HMA- 1313, 3d LMA-1261)
~MOMENTUM – positive. (3d SMA- 1302, 8d SMA-1261)
~TREND – positive. (8d SMA-1261, 34d SMA-1209)
~Weekly close at 1286.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-1302 & 3d HMA (50%)-1261.

(our trading system generated long call when reliance closed at 1286).

******Trading system update for hdfc. (1630)******
~BIAS –positive. (3d HMA- 1575, 3d LMA-1512)
~MOMENTUM – positive. (3d SMA- 1560, 8d SMA-1514)
~TREND – positive. (8d SMA-1514, 34d SMA-1486)
~Weekly close at 1545.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-1560 & 3d HMA (50%)-1512.
(our trading system generated long call when hdfc closed at 1533).

******Trading system update for infosys. (1173)******
~BIAS –turned positive. (3d HMA- 1168, 3d LMA-1125)
~MOMENTUM – turned positive. (3d SMA- 1151, 8d SMA-1137)
~TREND – negative. (8d SMA-1137, 34d SMA-1165)
~Weekly close at 1132.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-1151& 3d HMA (50%)-1125.
(our trading system generated long call when infosys closed at 1173).

******Trading system update for tisco. (245.6)******
~BIAS –positive. (3d HMA- 237.8, 3d LMA-225.9)
~MOMENTUM – positive. (3d SMA- 234.6, 8d SMA-222.7)
~TREND – positive. (8d SMA-222.7, 34d SMA-195.1)
~Weekly close at 229.6.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-234.6 & 3d HMA (50%)-222.7.
(our trading system generated long call when tisco closed at 228.7).

******Trading system update for sbi. (1361)******
~BIAS –positive. (3d HMA- 1352, 3d LMA-1315)
~MOMENTUM – positive. (3d SMA- 1336, 8d SMA-1299)
~TREND – positive. (8d SMA-1299, 34d SMA-1195)
~Weekly close at 1331.85.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-1336 & 3d HMA (50%)-1315.
(our trading system generated long call when sbi closed at 1169 on 4th dec.).

******Trading system update for ongc. (725)******
~BIAS –turned positive. (3d HMA- 706.2, 3d LMA-673)
~MOMENTUM – positive. (3d SMA- 696.8, 8d SMA-674.9)
~TREND – negative. (8d SMA-674.9, 34d SMA-680.3)
~Weekly close at 680.3.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-696.8 & 3d HMA (50%)-673.
(our trading system generated long call when ongc closed at 684.8.).

******Trading system update for L&T. (857)******
~BIAS –positive. (3d HMA- 841.9, 3d LMA-807.5)
~MOMENTUM – positive. (3d SMA- 834.8, 8d SMA-787.8)
~TREND – positive. (8d SMA-787.8, 34d SMA-767.7)
~Weekly close at 825.3.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-834.8 & 3d HMA (50%)-807.5.
(our trading system generated long call when L&T closed at 821.8.).

TRADING SYSTEM FOR STOCKS

****I AM STARTING GUIDANCE ON STOCKS BASED ON OUR TRADING SYSTEM FROM TODAY.....................(on demand from lots of friends and blog followers)

******Trading system update for RELIANCE. (1286)******
~BIAS –turned positive. (3d HMA- 1276, 3d LMA-1234)
~MOMENTUM – turned positive. (3d SMA- 1258, 8d SMA-1248)
~TREND – positive. (8d SMA-1248, 34d SMA-1203)
~Weekly close at 1286.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-1258 & 3d HMA (50%)-1234.

(our trading system generated long call when reliance closed at 1286).

******Trading system update for hdfc. (1545.15)******
~BIAS –positive. (3d HMA- 1545, 3d LMA-1488)
~MOMENTUM – positive. (3d SMA- 1512, 8d SMA-1495)
~TREND – turned positive. (8d SMA-1495, 34d SMA-1488)
~Weekly close at 1545.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-1512 & 3d HMA (50%)-1488.
(our trading system generated long call when hdfc closed at 1533).

******Trading system update for infosys. (1132)******
~BIAS –neutral. (3d HMA- 1152, 3d LMA-1113)
~MOMENTUM – negative. (3d SMA- 1132, 8d SMA-1137)
~TREND – negative. (8d SMA-1137, 34d SMA-1167)
~Weekly close at 1132.
Ø STRATEGY-
*Positional—neutral

******Trading system update for tisco. (229.6)******
~BIAS –positive. (3d HMA- 229.5, 3d LMA-219.7)
~MOMENTUM – positive. (3d SMA- 225.2, 8d SMA-219.6)
~TREND – positive. (8d SMA-219.6, 34d SMA-193.3)
~Weekly close at 229.6.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-225.2 & 3d HMA (50%)-219.7.
(our trading system generated long call when tisco closed at 228.7).

******Trading system update for sbi. (1331.85)******
~BIAS –positive. (3d HMA- 1329, 3d LMA-1289)
~MOMENTUM – positive. (3d SMA- 1312, 8d SMA-1287)
~TREND – positive. (8d SMA-1287, 34d SMA-1190)
~Weekly close at 1331.85.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-1312 & 3d HMA (50%)-1289.
(our trading system generated long call when sbi closed at 1169 on 4th dec.).

******Trading system update for ongc. (680.3)******
~BIAS –neutral. (3d HMA- 686.7, 3d LMA-665.1)
~MOMENTUM – positive. (3d SMA- 677.4, 8d SMA-670.3)
~TREND – negative. (8d SMA-670.3, 34d SMA-679.9)
~Weekly close at 680.3.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-677.4 & 3d HMA (50%)-665.1.
(our trading system generated long call when ongc closed at 684.8.).

******Trading system update for L&T. (825.35)******
~BIAS –positive. (3d HMA- 819.1, 3d LMA-783.8)
~MOMENTUM – positive. (3d SMA- 807, 8d SMA-777.5)
~TREND – positive. (8d SMA-777.5, 34d SMA-766.7)
~Weekly close at 825.3.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-807 & 3d HMA (50%)-783.8.
(our trading system generated long call when L&T closed at 821.8.).

---COMMENTS ARE WELCOME.
-please note that this system is not for day traders.
-this system is for disciplined traders only.
-I will give follow up on closing basis.
Happy trading.
-Dr.Jignesh Shah.

PERFORMANCE OF TRADING SYSTEM CALLS

******PERFORMANCE OF TRADING SYSTEM CALLS****

(1) -SHORT CALL GENERATED WHEN NIFTY CLOSED AT 2848.(12-11-2008)
-NIFTY MADE LOW OF 2503.(20-11-2008)
-EXIT CALL GIVEN WHEN NIFTY CLOSED AT 2708.(24-11-2008).
-GAIN OF 140 POINTS.

(2)- LONG CALL GENERATED WHEN NIFTY CLOSED AT 2784.(8-12-2008).
-NIFTY MADE HIGH OF 3110.(22-12-2008).
-EXIT CALL GIVEN WHEN NIFTY CLOSED AT 2968.(23-12-2008).
-GAIN OF 184 POINTS.

(3)-SHORT CALL GENERATED WHEN NIFTY CLOSED AT 2917.(24-12-2008)
-NIFTY MADE LOW OF 2812.(29-12-2008)
-EXIT CALL GIVEN WHEN NIFTY CLOSED AT 2979.(30-12-2008)
-LOSS OF 62 POINTS.

(4)-LONG CALL GENERATED WHEN NIFTY CLOSED AT 2979.(30-12-2008)
-SO FAR NIFTY MADE HIGH OF 3080.(2-1-2009)

UPDATES FOR JAN 5

******Trading system update for NIFTY. (3047)******
~BIAS –positive. (3d HMA- 3040, 3d LMA-2974)
~MOMENTUM – positive. (3d SMA- 3013, 8d SMA-2961)
~TREND – positive. (8d SMA-2961, 34d SMA-2847)
~Weekly close at 3047.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-3013 & 3d HMA (50%)-2974.
Ø *SUPPORTS- 3040,3013,2974,2961,2847.
*RESISTANCE-nil.

(our trading system generated long call when nifty closed at 2979).

****************technical update*********

-nifty still in sideway trend.

-rsi in uptrend,macd and stochastic in buy mode.

-adx in uptrend again.

*******VIX UPDATE*******

-INDIA VIX closed at 40.67.

-it is still in triangle and breakout from it will give direction to market.



************FUND FLOW UPDATE***********

***Fund flow (December 31)
~FIIs net in Index fut. + 330 cr, FIIs net in Stock Fut. - 125 cr
~FIIs in Cash Market – 12 cr, Mut Funds in Cash Market + 363 cr
***total fund flow + 556 cr today & still nifty was down by 20 points.

***Fund flow (January 1)
~FIIs net in Index fut. + 60 cr, FIIs net in Stock Fut. + 39 cr
~FIIs in Cash Market + 100 cr, Mut Funds in Cash Market + 45 cr
***total fund flow + 244 cr today & nifty was up by 74 points.


*** So far net fund flow of + 1148 cr in January series. (Nifty is also up in January series).

Trading system update for Jan 2

******Trading system update for NIFTY. (3033)******
~BIAS –turned positive. (3d HMA- 3014, 3d LMA-2934)
~MOMENTUM – turned positive. (3d SMA- 2991, 8d SMA-2960)
~TREND – positive. (8d SMA-2960, 34d SMA-2844)
~Weekly close at 2857.
Ø STRATEGY-
*Positional—long (100%)
*stop loss – 3d SMA (50%)-2991 & 3d HMA (50%)-2934.
Ø *SUPPORTS- 3014,2991,2960,2934,2857,2844.
*RESISTANCE-nil.

(our trading system generated long call when nifty closed at 2979).