Thursday, 12 January 2017

STRATEGY FOR 12th JANUARY 2017

                                            EQUITY  UPDATES


 

MARKET (NIFTY SPOT) TREND-      Positive(from 8335), stop for long positions 8100.
             
INSTITUTIONAL ACTIVITY-             Fii- Net  sellers - 627 crores.

                                                          Dii- Net buyers -  1116 crores.

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

DATA -                                                Inflation, iip (5.30pm).

RESULTS TODAY -                          Bajajcorp, Nhpc, Riil, Tcs. 

RESULTS TOMORROW -                Gruh, Infy.   
                                                                               
                                                      TRADING IDEAS 

POSITIONAL -   TATAGLOBAL -     Buy above 128,    stop - 122,         target - 136.
  

  TREND-  in few major stocks

HDFC-                   Sideways.
  
YESBANK-           Positive(from 1258), stop for long positions 1250.

TATASTEEL-          Positive(from 437), stop for long positions 419. 

AXISBANK-          Sideways.
   
MARUTI-              Positive(from 5535), stop for long positions 5430.

LT--                       Positive above 1418.

HDFCBANK -       Positive(from 1222), stop for long positions 1194.

                      

                                             COMMODITY UPDATES


                                                           MCX


GOLDM(jan)-                 Positive(from 28260), stop for long positions 27700.

SILVERMIC(feb)-           Positive above 41400.

COPPERM(feb)-             Positive above 397.50.

NICKELM(jan)-               Sideways.

ZINCMINI(jan)-              Positive(from 186.50), stop for long positions 177. 

CRUDEOILM(jan)-          Sideways.

NATURALGAS(jan)-      Negative(from 219), stop for short positions 230.

LEADMINI(jan)-            Positive(from 150), stop for long positions 140.

ALUMINI(jan)-              Positive(from 120.20), stop for long positions 116.
                                     
CARDAMOM(feb)-         Positive(from 1405,jan), stop for long positions 1415.

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -         Positive from 941, stop for long positions 970.

SOYBEAN(feb)-                      Negative below 3015.

RMSEED(apr)-                        Negative(from 3850), stop for short positions 3950.






                                CURRENCY UPDATE




USDINR(jan)-                Positive above 68.55.

GBPINR(jan)-                Negative(from 82.91), stop for short positions 84.20.

EURINR(jan)-                Positive(from 72.33), stop for long positions 71.80.
JPYINR(jan)-                 Sideways.

                                                                                                                                                                        
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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