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.).
