STRATEGY FOR 27th FEBRUARY 2017
EQUITY UPDATES
MARKET (NIFTY SPOT) TREND- Positive(from 8335), stop for long positions 8650.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 392 crores.
Dii- Net sellers - 445 crores.
GLOBAL MARKETS- US markets ended flat on friday.
TRADING IDEAS
SHORT TERM- ADANI POWER - Buy above - 39, stop - 33, target - 46.
POSITIONS OPEN
POSITIONAL - AXISBANK - Buy(22/02/2017) - 513, stop(revised) - 499, target - 545.
POSITIONAL - VEDL - Buy(21/02/2017) - 273.20, stop - 254, target - 293.
POSITIONAL - M&M - Buy(14/02/2017) - 1312, stop(revised) - 1280, target - 1410.
POSITIONAL - LT - Buy (8/2/2017) - 1510, stop(revised) - 1460, target - 1590.
TREND- in few major stocks
HDFC- Positive(from 1287), stop for long positions 1365.
YESBANK- Positive(from 1258), stop for long positions 1400.
TATASTEEL- Positive(from 437), stop for long positions 463.
AXISBANK- Positive(from 490), stop for long positions 486.
MARUTI- Sideways.
LT-- Positive(from 1503), stop for long positions 1460.
HDFCBANK - Positive(from 1222), stop for long positions 1350.
TATASTEEL- Positive(from 437), stop for long positions 463.
COMMODITY UPDATES
MCX
GOLDM(mar)- Positive(from 28920), stop for long positions 28850.
SILVERMIC(apr)- Positive (from 41820,feb), stop for long positions 42300.
COPPERM(apr)- Sideways.
NICKELM(mar)- Sideways.
ZINCMINI(feb)- Sideways.
ZINCMINI(feb)- Sideways.
CRUDEOILM(mar)- Sideways.
NATURALGAS(mar)- Negative(from 210.50,feb), stop for short positions 200.
LEADMINI(mar)- Negative(from 149.50,feb), stop for short positions 156.
ALUMINI(mar)- Sideways.
CARDAMOM(mar)- Negative(from 1429), stop for short positions 1505.
NCDEX
KAPASSRNR(apr,2017) - Positive(from 1049), stop for long positions 1020.
SOYBEAN(mar)- Negative(from 2983,feb), stop for short positions 2980.
RMSEED(apr)- Negative(from 3804), stop for short positions 3870.
CURRENCY UPDATE
USDINR(mar)- Negative(from 67.58,feb), stop for short positions 67.75.
GBPINR(mar)- Negative(from 84.05,feb), stop for short positions 84.60.
EURINR(mar)- Sideways.
.
JPYINR(mar)- Negative(from 58.58,feb), stop for short positions 59.85.
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(mar)- Negative(from 67.58,feb), stop for short positions 67.75.
GBPINR(mar)- Negative(from 84.05,feb), stop for short positions 84.60.
EURINR(mar)- Sideways.
.
JPYINR(mar)- Negative(from 58.58,feb), stop for short positions 59.85.
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.