STRATEGY FOR 18th OCTOBER

                                                  EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Negative below 8490.

             

INSTITUTIONAL ACTIVITY-             Fii- Net  sellers -  946 crores.

                                                          Dii- Net buyers -  556 crores.

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

RESULTS TODAY -                         Canfinhome, Havells.

RESLUTS TOMORROW -              Hindzinc, Quess, Rblbank, Tatacoffee.  

             

                                                                                         

                                                      TRADING IDEAS 

                                                      CALLS OPEN

   SHORT TERM -    IDFC -       Buy(27/09/2016,realtime) -  66.10,  stop(revised) - 62,  target - 78.

 POSITIONAL-    INDUSIND BANK  -     Buy(07/09/2016))-1240,  stop(revised) -  1180,  target - 1345.

  

  TREND-  in few major stocks

HDFC-                          Negative(from 1328), stop for short positions 1377.

  

YESBANK-                  Sideways.

TATASTEEL-               Positive (from 410), stop for long positions 390. 

AXISBANK-                  Negative(from 543), stop for short positions 545.
   

MARUTI-                      Positive(from 4295), stop for long positions 5475.

LT--                               Sideways.

HDFCBANK -               Negative(from 1248), stop for short positions 1280.

                      

                                             COMMODITY UPDATES

                                                           MCX

GOLDM(nov)-                  Negative(from 29680), stop for short positions 30300.

SILVERMIC(nov)-            Negative(from 41770), stop for short positions 43800. 

COPPERM(nov)-             Negative(from 314.50), stop for short positions 320.50.

NICKELM(oct)-               Sideways.

ZINCMINI(oct)-               Negative below 147.50.  

CRUDEOILM(oct)-          Positive(from 3385), stop for long positions 3210.

NATURALGAS(oct)-        Positive(from 198.50,sep), stop for long positions 202.

LEADMINI(oct)-               Negative(from 131.80), stop for short positions138.

ALUMINI(oct)-                 Sideways.   

                                     

CARDAMOM(nov)-         Negative below 1105.

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -         Negative(from 882), stop for short positions 897.

SOYBEAN(nov)-                      Negative(from 3107), stop for short positions 3265.

RMSEED(nov)-                         Negative(from 4540,oct), stop for short positions 4670.

                                CURRENCY UPDATE

USDINR(oct)-                  Sideways.

GBPINR(oct)-                  Negative(from 86.96,sep), stop for short positions 83.70.

EURINR(oct)-                  Negative(from 73.68), stop for short positions 74.40. 

JPYINR(oct)-                   Negative(from 64.35), stop for short positions 65.10.

                                                                                                                                                                        

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.