STRATEGY FOR 6th JANUARY 2017
EQUITY UPDATES
MARKET (NIFTY SPOT) TREND- Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net sellers - 86 crores.
Dii- Net buyers - 449 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
TRADING IDEAS
TREND- in few major stocks
HDFC- Sideways.
YESBANK- Sideways.
TATASTEEL- Sideways.
AXISBANK- Sideways.
MARUTI- Positive(from 5535), stop for long positions 5290.
LT-- Sideways.
HDFCBANK - Sideways.
TATASTEEL- Sideways.
COMMODITY UPDATES
MCX
GOLDM(jan)- Positive above 28250.
SILVERMIC(feb)- Sideways.
COPPERM(feb)- Sideways.
NICKELM(jan)- Negative(from 729), stop for short positions 715.
ZINCMINI(jan)- Negative(from 171.50), stop for short positions 179.
ZINCMINI(jan)- Negative(from 171.50), stop for short positions 179.
CRUDEOILM(jan)- Positive(from 3688), stop for long positions 3490.
NATURALGAS(jan)- Negative(from 219), stop for short positions 240.
LEADMINI(jan)- Negative(from 141.20), stop for short positions 142.
ALUMINI(jan)- Negative below 114.
CARDAMOM(feb)- Positive(from 1405,jan), stop for long positions 1415.
KAPASSRNR(apr,2017) - Positive from 941, stop for long positions 959.
SOYBEAN(feb)- Sideways.
RMSEED(apr)- Sideways.
CURRENCY UPDATE
USDINR(jan)- Sideways.
GBPINR(jan)- Sideways..
EURINR(jan)- Sideways.
.
JPYINR(jan)- Negative(from 62.29,nov), stop for short 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.
USDINR(jan)- Sideways.
GBPINR(jan)- Sideways..
EURINR(jan)- Sideways.
.
JPYINR(jan)- Negative(from 62.29,nov), stop for short 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.
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