Monday, 21 November 2016

STRATEGY FOR 21st NOVEMBER

                                            EQUITY  UPDATES


 

MARKET (NIFTY SPOT) TREND-      Negative(from 8458), stop for short positions 8470.
             
INSTITUTIONAL ACTIVITY-             Fii- Net  sellers -  926 crores.

                                                          Dii- Net buyers -   1143 crores.

GLOBAL MARKETS-                       US markets ended negative on friday.     

             
                                                                                         
                                                      TRADING IDEAS 
  

  TREND-  in few major stocks

HDFC-                    Negative(from 1301), stop for short positions 1315.
  
YESBANK-            Negative(from 1140), stop for short positions 1240.

TATASTEEL-            Sideways. 

AXISBANK-            Sideways.
   
MARUTI-               Negative(from 5080), stop for short positions 5310.

LT--                        Negative(from 1388), stop for short positions 1435.

HDFCBANK -        Negative(from 1218), stop for short positions 1250.

                      

                                             COMMODITY UPDATES


                                                           MCX


GOLDM(dec)-                 Negative(from 29290), stop for short positions 29800.

SILVERMIC(nov)-            Negative(from 40670), stop for short positions 42600. 

COPPERM(nov)-              Positive(from 323), stop for long positions 360.

NICKELM(nov)-                Positive(from 754), stop for long positions 734.

ZINCMINI(nov)-               Positive(from 159.50), stop for long positions 166.50. 

CRUDEOILM(dec)-          Positive above 3215.

NATURALGAS(nov)-       Positive above 195.

LEADMINI(nov)-              Positive(from 139.30), stop for long positions 142.

ALUMINI(nov)-                Sideways.
                                     
CARDAMOM(nov)-         Positive(from 1235,nov), stop for long positions 1300.

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -         Positive from 941, stop for long positions 895.

SOYBEAN(dec)-                      Negative(from 3107,nov), stop for short positions 3120.

RMSEED(dec)-                         Sideways.






                                CURRENCY UPDATE



USDINR(nov)-                 Positive(from 68.02), stop for long positions 67.50.

GBPINR(nov)-                 Positive(from 83.74), stop for long positions 82.80.

EURINR(nov)-                Sideways.
JPYINR(nov)-                 Negative(from 62.29), stop for short positions 63.50.

                                                                                                                                                                        
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.

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