******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).
