STRATEGY FOR 1st JULY
EQUITY UPDATES
MARKET (NIFTY SPOT) TREND- Positive above 8320.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 1107 crores.
Dii- Net sellers - 190 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
TRADING IDEAS
POSITIONAL- YESBANK- Buy above - 1114, stop - 1045, target - 1215.
POSITIONS OPEN
SHORT TERM - COLPAL- Buy(29/06/2016) - 904, stop - 845, target - 975.
TREND- in few major stocks
HDFC- Positive(from 1247), stop for long positions 1200.
YESBANK- Positive above 1114.
BHARATFORGE- Sideways.
AXISBANK- Positive above 537.
MARUTI- Sideways.
LT-- Sideways.
HDFCBANK - Sideways.
BHARATFORGE- Sideways.
COMMODITY UPDATES
MCX
GOLDM(aug)- Sideways.
SILVERMIC(aug)- Positive(from 41120,jun), stop for long positions 42700.
COPPERM(aug)- Positive(from 319.20,jun), stop for long positions 320.
NICKELM(jul)- Positive(from 640.20), stop for long positions 615.
ZINCMINI(jul)- Positive(from 141.70), stop for long positions 138.
CRUDEOILM(jul)- Sideways.
NATURALGAS(jul)- Positive(from 197.20), stop for long positions 189.
LEADMINI(jul)- Positive above 122.
ALUMINI(jul)- Positive above 111.70.
CARDAMOM(aug)- Sideways.
NCDEX
SOYBEAN(jul)- Negative(from 3794), stop for short positions 3850.
RMSEED(aug)- Sideways.
MCX
GOLDM(aug)- Sideways.
SILVERMIC(aug)- Positive(from 41120,jun), stop for long positions 42700.
COPPERM(aug)- Positive(from 319.20,jun), stop for long positions 320.
NICKELM(jul)- Positive(from 640.20), stop for long positions 615.
ZINCMINI(jul)- Positive(from 141.70), stop for long positions 138.
CRUDEOILM(jul)- Sideways.
NATURALGAS(jul)- Positive(from 197.20), stop for long positions 189.
LEADMINI(jul)- Positive above 122.
ALUMINI(jul)- Positive above 111.70.
CARDAMOM(aug)- Sideways.
SOYBEAN(jul)- Negative(from 3794), stop for short positions 3850.
RMSEED(aug)- Sideways.
CURRENCY UPDATE
USDINR(jul)- Sideways.
GBPINR(jul)- Sideways.
EURINR(jul)- Sideways.
JPYINR(jul)- Positive(from 62.55,jun), stop for long positions 65.40.
DISCLAIMER- This blog is just my trading ideas or how i follow the market. This blog is merely a device that can help you to think and consider, but you are 100% responsible for any actions you take by reading this blog.
USDINR(jul)- Sideways.
GBPINR(jul)- Sideways.
EURINR(jul)- Sideways.
JPYINR(jul)- Positive(from 62.55,jun), stop for long positions 65.40.
DISCLAIMER- This blog is just my trading ideas or how i follow the market. This blog is merely a device that can help you to think and consider, but you are 100% responsible for any actions you take by reading this blog.