STRATEGY FOR 31st MARCH
EQUITY UPDATES
MARKET (NIFTY SPOT) TREND- Positive(from 8335), stop for long positions 8900.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 67 crores.
Dii- Net buyers - 1701 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
TRADING IDEAS
POSITIONS OPEN
POSITIONAL - SRTRANSFIN - Buy(30/03/2017) - 1084, stop - 1015, target - 1160.
POSITIONAL - LICHSGFIN - Buy(24/03/2017) - 604, stop(revised) - 605, target - 633.
SHORT TERM - JAY BHARAT MARUTI - Buy(21/03/2017) - 432, stop - 345, target - 520.
SHORT TERM- ADANI POWER - Buy(27/02/2017)- 39.10, stop(revised) - 36.50. target - 46.
TREND- in few major stocks
HDFC- Positive(from 1436), stop for long positions 1450.
YESBANK- Positive(from 1258), stop for long positions 1460.
TATASTEEL- Sideways.
AXISBANK- Sideways.
MARUTI- Sideways.
HDFCBANK - Positive(from 1222), stop for long positions 1412.
TATASTEEL- Sideways.
COMMODITY UPDATES
MCX
GOLDM(may)- Sideways.
SILVERMIC(apr)- Positive(from 41720), stop for long positions 41150.
COPPERM(apr)- Sideways.
NICKELM(apr)- Negative(from 674,mar), stop for short positions 670.
ZINCMINI(apr)- Sideways.
ZINCMINI(apr)- Sideways.
CRUDEOILM(apr)- Sideways.
NATURALGAS(apr)- Positive above 212.
LEADMINI(apr)- Sideways.
ALUMINI(mar)- Positive(from 126.60,mar), stop for long positions 124.50.
CARDAMOM(may)- Negative(from 1429,mar), stop for short positions 1372.
NCDEX
KAPASSRNR(apr,2017) - Negative(from 1028), stop for short positions 1075.
SOYBEAN(may)- Sideways.
RMSEED(may)- Positive(from 3920,apr), stop for long positions 3910.
CURRENCY UPDATE
USDINR(apr)- Negative(from 67.58,feb), stop for short positions 65.80.
GBPINR(apr)- Sideways.
EURINR(apr)- Negative below 70.
.
JPYINR(apr)- Positive(fron 59.18,mar), stop for long positions 58.55.
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(apr)- Negative(from 67.58,feb), stop for short positions 65.80.
GBPINR(apr)- Sideways.
EURINR(apr)- Negative below 70.
.
JPYINR(apr)- Positive(fron 59.18,mar), stop for long positions 58.55.
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.