STRATEGY FOR 1st AUGUST
EQUITY UPDATES
MARKET (NIFTY SPOT) TREND- Positive(from 8324), stop for long positions 8430.
INSTITUTIONAL ACTIVITY- Fii- Net sellers - 14 crores.
Dii- Net buyers - 148 crores.
GLOBAL MARKETS- US markets ended flat on friday.
RESULTS TODAY - Indigo, Tatacomm, Techm, Vrllog.
RESULTS TODAY - Indigo, Tatacomm, Techm, Vrllog.
RESULTS TOMORROW - Voltas.
TRADING IDEAS
CALLS OPEN
POSITIONAL- ABIRLANUVO- Buy(25/7/2016) - 1370, stop(revised) - 1350, target - 1470.
CALLS CLOSED
POSITIONAL- HDFCBANK- Buy(12/07/2016) - 1207, target reached - 1250.
TREND- in few major stocks
HDFC- Positive(from 1247), stop for long positions 1350.
YESBANK- Positive(from 1115), stop for long positions 1145.
TATASTEEL- Sideways.
AXISBANK- Sideways.
MARUTI- Positive(from 4295), stop for long positions 4500.
LT-- Positive(above 1552), stop for long positions 1520.
HDFCBANK - Positive(from 1193), stop for long positions 1220.
TATASTEEL- Sideways.
COMMODITY UPDATES
MCX
GOLDM(sep)- Negative (from 30590,aug), stop for short positions 31600.
SILVERMIC(aug)- Sideways.
COPPERM(aug)- Sideways.
NICKELM(jul)- Positive(from 713), stop for long positions 687.
ZINCMINI(jul)- Sideways.
CRUDEOILM(aug)- Negative(from 3118,jul), stop for short positions 2950.
NATURALGAS(aug)- Positive above 195.50.
LEADMINI(jul)- Sideways.
ALUMINI(jul)- Sideways.
CARDAMOM(aug)- Positive(from 944), stop for long positions 920.
KAPASSRNR(apr,2017) - Sideways.
SOYBEAN(oct)- Negative (from 3665), stop for short positions 3675.
RMSEED(aug)- Sideways.
CURRENCY UPDATE
USDINR(aug)- Sideways.
GBPINR(aug)- Sideways.
EURINR(aug)- Negative(from 73.85,jul), stop for short positions 75.05.
JPYINR(aug)- Positive(from 64.78), stop for long positions 63.60.
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(aug)- Sideways.
GBPINR(aug)- Sideways.
EURINR(aug)- Negative(from 73.85,jul), stop for short positions 75.05.
JPYINR(aug)- Positive(from 64.78), stop for long positions 63.60.
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.