STRATEGY FOR 31st JULY
EQUITY UPDATES
MARKET TREND - (NIFTY SPOT) - Positive(from 8335), stop for long positions 9750.
BANKNIFTY(SPOT) - Positive(from 24020), stop(revised) for long positions 24000.
INSTITUTIONAL ACTIVITY- Fii- Net sellers - 223 crores.
Dii- Net buyers- 424 crores.
GLOBAL MARKETS- US markets ended flat on friday.
RESULTS TODAY - Bel, Concor, Godrejcp, Hexaware, Indigo, Jppower, Mahabank, Rpower, Siemens, Sintex,
Srtransfin, Torntpharm, Upl, Vguard.
Srtransfin, Torntpharm, Upl, Vguard.
RESULTS TOMORROW - Jswsteel, Marico, Pcjeweller, Pel, Powergrid, Techm, Torntpower.
TRADING IDEAS
POSITIONS OPEN
SHORT TERM - FEDERAL BANK - Buy(9/6/2017, real time) - 118, stop(revised) - 109, target - 134.
POSITIONAL - MUTHOOTFIN - Buy(13/07/2017)- 473(real time), stop(revised) - 444, target - 510.
POSITIONAL - MUTHOOTFIN - Buy(13/07/2017)- 473(real time), stop(revised) - 444, target - 510.
POSITIONS CLOSED
POSITIONAL - INDUSINDBK - Buy(27/07/2017) - 1588 , Booked (28/07/2017) - 1635.
PO
TREND- in few major stocks
HDFC- Positive(form 1605), stop for long positions 1675.
YESBANK- Positive(from 1592), stop for long positions 1730.
MARUTI- Positive(from 6370), stop for long positions 7350.
HDFCBANK - Positive(from 1222), stop for long positions 1690.
COMMODITY UPDATES
POSITIONS CLOSED
POSITIONAL - CRUDEOILM(aug) - Buy(20/07/2017) - 3070, Booked (28/07/015) - 3195.
MCX
GOLDM(sep)- Positive(from 28400,aug), stop for long positions 28250.
SILVERMIC(aug)- Positive(from 38250), stop for long positions 37400.
COPPERM(aug)- Positive(from 392), stop for long positions 396.
NICKELM(aug)- Positive(from 617,jul), stop for long positions 630.
ZINCMINI(aug)- Sideways.
CRUDEOILM(aug)- Positive(from 3070), stop for long positions 3050.
NATURALGAS(aug)- Sideways.
LEADMINI(aug)- Sideways.
ALUMINI(aug)- Sideways.
NCDEX
KAPASSRNR(apr,2018) - Sideways.
CURRENCY UPDATE
USDINR(aug)- Negative(from 64.50), stop for short positions below 64.80.
GBPINR(aug)- Sideways.
EURINR(aug)- Positive(from 74,jul), stop for long positions 75.10.
JPYINR(aug)- Positive(from 57.15,jul), stop for long positions 57.70.
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(aug)- Negative(from 64.50), stop for short positions below 64.80.
GBPINR(aug)- Sideways.
EURINR(aug)- Positive(from 74,jul), stop for long positions 75.10.
JPYINR(aug)- Positive(from 57.15,jul), stop for long positions 57.70.
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