STRATEGY FOR 6th DECEMBER

                                                        EQUITY  UPDATES

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

             

INSTITUTIONAL ACTIVITY-             Fii- Net  sellers -  317 crores.

                                                        Dii- Net buyers -  163 crores.

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

             

                                                                                         

                                                      TRADING IDEAS 

  

  TREND-  in few major stocks

HDFC-                   Negative below 1199.

  

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

TATASTEEL-           Sideways. 

AXISBANK-          Negative(from 459), stop for short positions 481.
   

MARUTI-              Sideways.

LT--                     Sideways.

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

                      

                                             COMMODITY UPDATES

                                                           MCX

GOLDM(jan)-                 Negative(from 29290), stop for short positions 29000.

SILVERMIC(feb)-            Negative(from 40670,nov), stop for short positions 42050. 

COPPERM(feb)-             Sideways.

NICKELM(dec)-               Sideways.

ZINCMINI(dec)-               Sideways. 

CRUDEOILM(dec)-         Positive(from 3553), stop for long positions  above 3280.

NATURALGAS(dec)-       Positive(from 196,nov), stop for long positions 227.

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

ALUMINI(dec)-               Sideways.

                                     

CARDAMOM(jan)-          Sideways.

                                                           NCDEX                                   

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

SOYBEAN(jan)-                       Positive above 3235.

RMSEED(jan)-                         Positive(from 4890), stop for long positions 4694.

                                CURRENCY UPDATE

USDINR(dec)-                 Sideways.

GBPINR(dec)-                 Positive(from 83.74,nov), stop for long positions 84.60.

EURINR(dec)-                Sideways.

. 

JPYINR(dec)-                 Negative(from 62.29,nov), stop for short positions 61.25.

                                                                                                                                                                        

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.