STRATEGY FOR 29th AUGUST

                                                                              EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Positive(from 8324), stop for long positions 8470.

             

INSTITUTIONAL ACTIVITY-             Fii- Net  buyers -  341 crores.

                                                          Dii- Net sellers -  266  crores.

GLOBAL MARKETS-                       US markets trading negative at the time of writing.    
             

                                                                                          

                                                      TRADING IDEAS 

                                                      CALLS OPEN

    POSITIONAL-             BEML-  Buy(18/08/2016)- 1030,   stop(revised) -  1010,    target  -  1118.

    SHORT TERM-        GHCL -  Buy(17/08/2016, given real time)- 250,  stop(revised) - 234,  target - 289.

   SHORT TERM -        ASIANTILES -      Buy(02/08/2016)  - 231,     stop(revised) - 206,   target -  260.

                                  

  TREND-  in few major stocks

HDFC-                         Positive(from 1388), stop for long positions 1328.

  

YESBANK-                   Positive(from 1115), stop for long positions 1280.

TATASTEEL-                  Sideways. 

AXISBANK-                  Positive(from 572), stop for long positions 563.
   

MARUTI-                      Positive(from 4295), stop for long positions 4710.

LT--                             Negative(from 1443), stop for short positions 1495. 

HDFCBANK -                Positive(from 1261), stop for long positions 1225.

                      

                                             COMMODITY UPDATES

                                                           MCX

GOLDM(oct)-                  Sideways.

SILVERMIC(aug)-           Negative(from 44390), stop for short positions 45450. 

COPPERM(aug)-            Negative(from 320), stop for short positions 316.50.

NICKELM(jul)-                Negative(from 677), stop for short positions 689.

ZINCMINI(jul)-                Positive from 153.70, stop for long positions 149.50.  

CRUDEOILM(sep)-          Positive(from 2942,aug), stop for long positions 3120.

NATURALGAS(aug)-       Positive above 199.

LEADMINI(jul)-                Positive(from 125.80) stop for long positions 122.50.

ALUMINI(jul)-                 Sideways.

                                       

CARDAMOM(sep)-         Positive(from 944,aug), stop for long positions 1105. 

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -          Negative from 960, stop for short positions 940.

SOYBEAN(oct)-                        Negative(from 3521), stop for short positions 3530.

RMSEED(sep)-                         Negative(from 4695), stop for short positions 4790.

                                CURRENCY UPDATE

USDINR(sep)-                   Sideways.

GBPINR(sep)-                  Positive(from 88.77,aug), stop for long positions 87.65.

EURINR(sep)-                  Positive(from 75.62), stop for long positions 75.40. 

JPYINR(sep)-                    Positive(from 64.78), stop for long positions 65.90.

                                                                                                                                                                        

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.