STRATEGY FOR 30th JUNE
EQUITY UPDATES
MARKET TREND - (NIFTY SPOT) - Positive(from 8335), stop for long positions 9400.
BANKNIFTY(SPOT) - Positive(from 23450), stop for long positions 23000.
INSTITUTIONAL ACTIVITY- Fii- Net sellers - 1140 crores.
Dii- Net buyers- 600 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
TRADING IDEAS
POSITIONS OPEN
SHORT TERM - FEDERAL BANK - Buy(9/6/2017, real time) - 118, stop - 103, target - 134.
PO
TREND- in few major stocks
HDFC- Positive(form 1605), stop for long positions 1600.
YESBANK- Sideways.
MARUTI- Positive(from 6370), stop for long positions 7070.
HDFCBANK - Positive(from 1222), stop for long positions 1640.
COMMODITY UPDATES
MCX
GOLDM(aug)- Negative(from 28600,jul), stop for short positions 28900.
SILVERMIC(aug)- Sideways.
COPPERM(aug)- Positive(from 383), stop for long positions 375.
NICKELM(jul)- Positive above 608.
ZINCMINI(jul)- Positive(from 166,jun), stop for long positions 174.
CRUDEOILM(jul)- Negative(from 3080), stop for short positions 2950.
NATURALGAS(jul)- Sideways.
LEADMINI(jul)- Positive(from 141), stop for long positions 144.50.
ALUMINI(jul)- Positive above 124.50.
CARDAMOM(jul)- Positive(from 1035), stop for long positions 1000.
NCDEX
KAPASSRNR(apr,2018) - Negative(from 865), stop for short positions 896.
SOYBEAN(jul)- Sideways.
RMSEED(jul)- Negative(from 3480), stop for short positions 3620.
CURRENCY UPDATE
USDINR(jul)- Sideways.
GBPINR(jul)- Positive above 84.30.
EURINR(jul)- Positive(from 74), stop for long positions 73.20.
JPYINR(jul)- Negative(from 57.85), stop for short positions 58.25.
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(jul)- Sideways.
GBPINR(jul)- Positive above 84.30.
EURINR(jul)- Positive(from 74), stop for long positions 73.20.
JPYINR(jul)- Negative(from 57.85), stop for short positions 58.25.
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