STRATEGY FOR 28th MARCH

                                                             EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Positive(from 8335),  stop for long positions 8900.

             

INSTITUTIONAL ACTIVITY-            Fii- Net buyers -  577 crores.

                                                       Dii- Net sellers -  594 crores.

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

                                                                          

                                                    TRADING IDEAS

                                                         POSITIONS OPEN

POSITIONAL -  LICHSGFIN  -      Buy(24/03/2017) - 604,     stop - 575 ,       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 1415.

  

YESBANK-           Positive(from 1258), stop for long positions 1440.

TATASTEEL-          Sideways.

AXISBANK-         Sideways.

   

MARUTI-              Positive(from 6160), stop for long positions 5930.

HDFCBANK -       Positive(from 1222), stop for long positions 1400.

                      

                                         

                                                    COMMODITY UPDATES

                                                           MCX

GOLDM(apr)-                Positive above 29030.

SILVERMIC(apr)-           Positive(from 41720), stop for long positions 41000.

COPPERM(apr)-            Negative(from 384.90), stop for short positions 385.

NICKELM(mar)-             Negative(from 674), stop for short positions 662.

ZINCMINI(feb)-               Sideways. 

CRUDEOILM(apr)-        Negative(from 3400,mar), stop for short positions 3250.

NATURALGAS(mar)-      Sideways.

LEADMINI(mar)-           Sideways.

ALUMINI(mar)-              Positive above 126.50.

                                     

CARDAMOM(apr)-       Negative(from 1429,mar), stop for short positions 1435.

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -        Negative below 1030.

SOYBEAN(apr)-                    Sideways.

RMSEED(apr)-                       Positive(from 3920), stop for long positions 3860.

                                CURRENCY UPDATE

USDINR(mar)-                Negative(from 67.58,feb), stop for short positions 65.80.

GBPINR(mar)-                Positive above 82.20.

EURINR(mar)-               Negative(from 69.95), stop for short positions 71.

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JPYINR(mar)-                Positive(frin 59.18), stop for long positions 58.20.

                                                                                                                                                                        

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.