STRATEGY FOR 19th JULY

                                                          EQUITY UPDATES

 
MARKET TREND - (NIFTY SPOT) -      Positive(from 8335),  stop for long positions 9600.

                       BANKNIFTY(SPOT) -      Positive(from 24020), stop for long positions 23250.    

             

INSTITUTIONAL ACTIVITY-            Fii- Net  buyers -  317 crores.

                                                             Dii- Net  sellers-   975 crores. 

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

RESULTS TODAY -                            Bajajfinsv, Bajfinance, Canbk, Havells, Kpit, Mindtree. 

RESULTS TOMORROW -    Abb, Bajajauto, Bajajhldng, Hindzinc, Kotakbank, Niittech, Rblbank, Reliance, Wipro.  

               

                                                    TRADING IDEAS

                                      POSITIONS OPEN 

SHORT TERM -     FEDERAL BANK  -   Buy(9/6/2017, real time) -  118,  stop - 103,  target - 134.

POSITIONAL  -      MUTHOOTFIN  -  Buy(13/07/2017)- 473(real time),   stop - 440,   target - 510.

POSITIONAL  -      DHFL -  Buy(18/07/2017)- 462(real time),   stop - 439,   target - 487.

  PO

  TREND-  in few major stocks

HDFC-                 Positive(form 1605), stop for long positions 1600.

  

YESBANK-         Positive(from 1592), stop for long positions 1515.

   

MARUTI-             Positive(from 6370), stop for long positions 7300.

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

                      

                                         

                                          COMMODITY UPDATES

                                                   MCX

GOLDM(aug)-                 Sideways.

SILVERMIC(aug)-           Negative(from 37700), stop for short positions 37900.

COPPERM(aug)-            Positive above 391.50.

NICKELM(jul)-               Positive(from 617), stop for long positions 591. 

                                                     
ZINCMINI(jul)-              Positive(from 166,jun), stop for long positions 177. 

CRUDEOILM(aug)-        Sideways.

NATURALGAS(jul)-      Sideways.

LEADMINI(jul)-              Sideways.

ALUMINI(jul)-                 Sideways.

                                

                                                           NCDEX                                   

KAPASSRNR(apr,2018) -     Negative(from 865), stop for short positions 885.

                                CURRENCY UPDATE

USDINR(jul)-              Sideways.

GBPINR(jul)-              Sideways.

EURINR(jul)-               Positive(from 74), stop for long positions 73.40.

JPYINR(jul)-                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