STRATEGY FOR 24th NOVEMBER

                                                                        EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Negative(from 8458), stop for short positions 8350.

             

INSTITUTIONAL ACTIVITY-             Fii- Net  sellers -  1023 crores.

                                                          Dii- Net buyers -  1254 crores.

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

             

                                                                                         

                                                      TRADING IDEAS 

  

  TREND-  in few major stocks

HDFC-                    Negative(from 1301), stop for short positions 1275.

  

YESBANK-            Negative(from 1140), stop for short positions 1210.

TATASTEEL-           Sideways. 

AXISBANK-          Negative(from 459), stop for short positions 495.
   

MARUTI-               Negative(from 5080), stop for short positions 5210.

LT--                        Negative(from 1388), stop for short positions 1390.

HDFCBANK -        Negative(from 1218), stop for short positions 1225.

                      

                                             COMMODITY UPDATES

                                                           MCX

GOLDM(dec)-                 Negative(from 29290), stop for short positions 29700.

SILVERMIC(nov)-            Negative(from 40670), stop for short positions 42000. 

COPPERM(nov)-              Positive(from 323), stop for long positions 367.

NICKELM(nov)-                Positive(from 754), stop for long positions 737.

ZINCMINI(nov)-               Positive(from 159.50), stop for long positions 173. 

CRUDEOILM(dec)-          Positive (from 3218), stop for long positions 3140.

NATURALGAS(nov)-       Positive(from 196), stop for long positions 194.

LEADMINI(nov)-              Positive(from 139.30), stop for long positions 145.

ALUMINI(nov)-                Positive(from 118.20), stop for long positions 117.

                                     

CARDAMOM(nov)-         Sideways.

                                                           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 68.

GBPINR(nov)-                 Positive(from 83.74), stop for long positions 83.40.

EURINR(nov)-                Sideways.

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JPYINR(nov)-                 Negative(from 62.29), stop for short positions 62.50.

                                                                                                                                                                        

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.