Thursday, 4 May 2017

STRATEGY FOR 5th MAY

                                                           EQUITY  UPDATES


 

MARKET (NIFTY SPOT) TREND-      Positive(from 8335),  stop for long positions 9100.
             
INSTITUTIONAL ACTIVITY-            Fii- Net sellers -  601  crores.

                                                           Dii- Net buyers - 926 crores.

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

RESULTS TODAY -                         Apollotyre, Eichermot, Equitas, Niittech. 
                                                       
RESULTS TOMORROW-                Dmart, Gati, Pfizer. 
                                                                          

                                                    TRADING IDEAS

                                                         POSITIONS OPEN

POSITIONAL  -     PFC -     Bu(4/5/2017)-  165,   stop  -  151,     target  - 180.

SHORT TERM-       ASIANPAINT -    Buy(26/04/017) - 1105,    stop(revised) -  1068,    target - 1195.

POSITIONAL  -     HAVELLS -     Buy(12/04/2017)-  486,   stop(revised)  -  469,     target  - 530.

  

  TREND-  in few major stocks

HDFC-                  Positive(from 1543), stop for long positions 1505.
  
YESBANK-           Sideways.

TATASTEEL-         Negative(from 446), stop for short positions 465.

AXISBANK-         Sideways.
   
MARUTI-             Positive(from 6370), stop for long positions 6270.

HDFCBANK -       Positive(from 1222), stop for long positions 1490.

                      

                                         

                                                    COMMODITY UPDATES


                                                           MCX

GOLDM(jun)-                  Negative(from 28630), stop for long positions 28600.

SILVERMIC(jun)-          Negative(from 41280), stop for short positions 39600.

COPPERM(jun)-            Negative below 355.

NICKELM(may)-               Negative(from 624,apr), stop for short positions 620. 
                                                     
ZINCMINI(may)-               Negative(from 174.80,apr), stop for short positions 172. 

CRUDEOILM(may)-        Negative(from 3188), stop for short positions 3175. 

NATURALGAS(may)-       Sideways.

LEADMINI(may)-            Sideways.

ALUMINI(may)-              Negative below 121.90.
                                     
CARDAMOM(may)-       Sideways.

                                                           NCDEX                                   


KAPASSRNR(apr,2018) -        Negative(from 1028,apr 2017), stop for short positions 990.

SOYBEAN(jun)-                    Negative(from 2865,may), stop for short positions 3020.

RMSEED(jun)-                      Negative( from 3795,may), stop for short positions 3860.





                                CURRENCY UPDATE



USDINR(may)-                Negative(from 67.58,feb), stop for short positions 64.80.

GBPINR(may)-               Positive(from 82.85,apr), stop for long positions 82.20.

EURINR(may)-               Sideways.
JPYINR(may)-               Negative below 57.40.

                                                                                                                                                                        
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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