****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.
