STRATEGY FOR 18th JANUARY 2017

                                                                  EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Positive(from 8335), stop for long positions 8150.

             

INSTITUTIONAL ACTIVITY-             Fii- Net  buyers - 142 crores.

                                                          Dii- Net sellers -  607 crores.

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

RESULTS TODAY -                          Muthtfn.   

RESULTS TOMORROW -                 Axisbank, Federalbank, Mindtree, Yesbank. 
                                    

                                                                               

                                                      TRADING IDEAS 

                                                       POSITIONS OPEN

POSITIONAL -   TATAGLOBAL -     Buy(12/01/2017)- 128.20,    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 428. 

AXISBANK-         Positive(from 477), stop for long positions 450.
   

MARUTI-              Positive(from 5535), stop for long positions 5520.

LT--                       Positive(from 1420), stop for long positions 1390.

HDFCBANK -       Positive(from 1222), stop for long positions 1214.

                      

                                             COMMODITY UPDATES

                                                           MCX

GOLDM(jan)-                 Positive(from 28260), stop for long positions 28100.

SILVERMIC(feb)-           Positive above 41800.

COPPERM(feb)-             Positive(from 398), stop for long positions 389.

NICKELM(jan)-               Sideways.

ZINCMINI(jan)-              Positive(from 186.50), stop for long positions 181. 

CRUDEOILM(jan)-          Sideways.

NATURALGAS(jan)-       Positive(from 236.50), stop for long positions 223.

LEADMINI(jan)-            Positive(from 150), stop for long positions 147.

ALUMINI(jan)-              Positive(from 120.20), stop for long positions 118.50.

                                     

CARDAMOM(feb)-         Positive(from 1405,jan), stop for long positions 1450.

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -         Positive from 941, stop for long positions 984.

SOYBEAN(feb)-                      Positive above 3200.

RMSEED(apr)-                       Sideways.

                                CURRENCY UPDATE

USDINR(jan)-                Sideways.

GBPINR(jan)-                Negative(from 82.91), stop for short positions 83.70.

EURINR(jan)-                Positive(from 72.33), stop for long positions 72.

. 

JPYINR(jan)-                 Positive(from 59.90), stop for long positions 59.

                                                                                                                                                                        

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.