STRATEGY FOR 3rd JULY

                                                        EQUITY UPDATES

 
MARKET TREND - (NIFTY SPOT) -      Positive(from 8335),  stop for long positions 9400.

                       BANKNIFTY(SPOT) -        Sideways.    

             

INSTITUTIONAL ACTIVITY-            Fii- Net  sellers -  160 crores.

                                                                Dii- Net  buyers-  1195 crores.

GLOBAL MARKETS-         US markets ended positive on friday.

                                                    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 28800.

SILVERMIC(aug)-           Sideways.

COPPERM(aug)-           Positive(from 383), stop for long positions 379.

NICKELM(jul)-               Positive above 608. 

                                                     
ZINCMINI(jul)-              Positive(from 166,jun), stop for long positions 174. 

CRUDEOILM(jul)-         Sideways.

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)-                       Sideways.

                                CURRENCY UPDATE

USDINR(jul)-              Sideways.

GBPINR(jul)-              Positive(from 84.30), stop for long positions  83.20.

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