STRATEGY FOR 21st OCTOBER

                                                                    EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Sideways.

             

INSTITUTIONAL ACTIVITY-             Fii- Net  buyers -  7 crores.

                                                          Dii- Net buyers -   583 crores.

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

RESULTS TODAY -                           Acc, Cairn, Equitas, Ghcl, Ibulhsgfin,  Mindtree, Tatasponge, 

                                                        Unichem, Vguard, Wipro.

RESLUTS TOMORROW -             L&tfh, Persistent.

             

                                                                                         

                                                      TRADING IDEAS 

                                                      CALLS OPEN

   SHORT TERM -    IDFC -       Buy(27/09/2016,realtime) -  66.10,  stop(revised) - 63,  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 405. 

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 317.50.

NICKELM(oct)-               Sideways.

ZINCMINI(oct)-               Sideways.  

CRUDEOILM(nov)-          Positive(from 3385,oct), stop for long positions 3250.

NATURALGAS(oct)-        Positive(from 198.50,sep), stop for long positions 203.50.

LEADMINI(oct)-               Negative(from 131.80), stop for short positions 136.

ALUMINI(oct)-                 Negative(from 108.30), stop for short positions 110.50.   

                                     

CARDAMOM(nov)-         Sideways.

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -         Sideways.

SOYBEAN(nov)-                      Negative(from 3107), stop for short positions 3220.

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 83.20.

EURINR(oct)-                  Negative(from 73.68), stop for short positions 74. 

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.