STRATEGY FOR 23rd 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  buyers -  192 crores.

                                                                Dii- Net  buyers-  455 crores.

GLOBAL MARKETS-         US markets trading positive  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 1590.

  

YESBANK-         Sideways.

AXISBANK-         Sideways.

   

MARUTI-             Positive(from 6370), stop for long positions 7050.

HDFCBANK -       Positive(from 1222), stop for long positions 1640.

                      

                                         

                                          COMMODITY UPDATES

                                                   MCX

GOLDM(jul)-                 Negative(from 28600), stop for short positions 28800.

SILVERMIC(jun)-         Negative(from 38500), stop for short positions 38700.

COPPERM(jun)-          Sideways.

NICKELM(jun)-           Negative(from 624,apr), stop for short positions 586. 

                                                     
ZINCMINI(jun)-          Positive(from 166), stop for long positions 164. 

CRUDEOILM(jul)-        Negative(from 3080), stop for short positions 2950.

NATURALGAS(jun)-    Negative(from 185), stop for short positions 200.

LEADMINI(jun)-            Positive(from 141), stop for long positions 135.50.

ALUMINI(jun)-           Sideways.

                                     

CARDAMOM(jun)-        Positive(from 1035), stop for long positions 1000.

                                                           NCDEX                                   

KAPASSRNR(apr,2018) -     Negative below 865.

SOYBEAN(jul)-                     Sideways.

RMSEED(jul)-                       Negative(from 3480), stop for short positions 3620.

                                CURRENCY UPDATE

USDINR(jun)-              Sideways.

GBPINR(jun)-             Negative(from 81.9), stop for short positions 82.70.

EURINR(jun)-             Negative below 71.90.

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JPYINR(jun)-               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