STRATEGY FOR 6th APRIL

                                                EQUITY  UPDATES

 
MARKET (NIFTY SPOT) TREND-      Positive(from 8335),  stop for long positions 9000.

             

INSTITUTIONAL ACTIVITY-            Fii- Net buyers -  340 crores.

                                                       Dii- Net sellers -  194 crores.

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

                                                                          

                                                    TRADING IDEAS

                                                         POSITIONS OPEN

POSITIONAL -     SRTRANSFIN -        Buy(30/03/2017) - 1084,     stop(revised) - 1040,   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  - 380,    target -  520.

SHORT TERM-     ADANI POWER -   Buy(27/02/2017)- 39.10,   stop(revised) - 38.50.   target - 46.

  

  TREND-  in few major stocks

HDFC-                   Positive(from 1436), stop for long positions 1460.

  

YESBANK-           Positive(from 1258), stop for long positions 1466.

TATASTEEL-        Sideways.

AXISBANK-         Sideways.

   

MARUTI-              Positive above 6370.

HDFCBANK -       Positive(from 1222), stop for long positions 1412.

                      

                                         

                                                    COMMODITY UPDATES

                                                           MCX

GOLDM(may)-                 Sideways.

SILVERMIC(apr)-           Positive(from 41720), stop for long positions 41150.

COPPERM(apr)-            Sideways.

NICKELM(apr)-               Sideways.

ZINCMINI(apr)-               Sideways. 

CRUDEOILM(apr)-        Sideways.

NATURALGAS(apr)-      Positive(from 213), stop for long positions 195.

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 65.60.

GBPINR(apr)-               Sideways.

EURINR(apr)-               Negative(from 69.98), stop for short positions 70.60.

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JPYINR(apr)-                Sideways.

                                                                                                                                                                        

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.