STRATEGY FOR 30th AUGUST

                                                                    EQUITY  UPDATES

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

             

INSTITUTIONAL ACTIVITY-             Fii- Net  buyers -  286 crores.

                                                          Dii- Net buyers -  17  crores.

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

                                                                                         

                                                      TRADING IDEAS 

POSITIONAL -       HINDALCO -         Buy above 160,   stop  -  151,  target - 170.

                                                      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 1330.

  

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

TATASTEEL-                  Sideways. 

AXISBANK-                  Positive(from 572), stop for long positions 567.
   

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(nov)-           Negative(from 44390,aug), stop for short positions 46500. 

COPPERM(nov)-            Negative(from 320,aug), stop for short positions 321.50.

NICKELM(sep)-                Negative(from 677), stop for short positions 691.

ZINCMINI(sep)-                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 198.

LEADMINI(sep)-                Positive(from 125.80,aug) stop for long positions 123.50.

ALUMINI(sep)-                 Sideways.

                                       

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

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -          Negative from 960, stop for short positions 920.

SOYBEAN(oct)-                        Negative(from 3521), stop for short positions 3450.

RMSEED(sep)-                         Negative(from 4695), stop for short positions 4690.

                                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.