STRATEGY FOR 30th NOVEMBER

                                                            EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Negative(from 8458), stop for short positions 8300.

             

INSTITUTIONAL ACTIVITY-             Fii- Net  sellers -  715 crores.

                                                        Dii- Net buyers -  534 crores.

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

RESULTS TODAY -                          GSPL. 

RESULTS TOMORROW-                 Gillette.    

DATA -                                             GDP (5.30 p,m.)

             

                                                                                         

                                                      TRADING IDEAS 

  

  TREND-  in few major stocks

HDFC-                   Sideways.

  

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

TATASTEEL-           Sideways. 

AXISBANK-          Negative(from 459), stop for short positions 490.
   

MARUTI-               Negative(from 5080), stop for short positions 5140.

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

HDFCBANK -        Negative(from 1218), stop for short positions 1210.

                      

                                             COMMODITY UPDATES

                                                           MCX

GOLDM(jan)-                 Negative(from 29290), stop for short positions 29300.

SILVERMIC(feb)-            Negative(from 40670,nov), stop for short positions 42300. 

COPPERM(feb)-              Positive(from 323,nov), stop for long positions 390.

NICKELM(dec)-               Sideways.

ZINCMINI(dec)-               Positive(from 159.50,nov), stop for long positions 183. 

CRUDEOILM(dec)-          Sideways.

NATURALGAS(dec)-       Positive(from 196,nov), stop for long positions 213.

LEADMINI(dec)-              Positive(from 139.30,nov), stop for long positions 152.

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

                                     

CARDAMOM(jan)-           Positive(from 1445), stop for long positions 1388.

                                                           NCDEX                                   

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

SOYBEAN(jan)-                       Positive above 3235.

RMSEED(jan)-                         Positive above 4855.

                                CURRENCY UPDATE

USDINR(dec)-                 Positive(from 68.02,nov), stop for long positions 68.40.

GBPINR(dec)-                 Positive(from 83.74,nov), stop for long positions 84.20.

EURINR(dec)-                Sideways.

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JPYINR(dec)-                 Negative(from 62.29,nov), stop for short positions 62.

                                                                                                                                                                        

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.