STRATEGY FOR 5th JULY

                                                             EQUITY UPDATES

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

                       BANKNIFTY(SPOT) -        Sideways.    

             

INSTITUTIONAL ACTIVITY-            Fii- Net  sellers -  834 crores.

                                                             Dii- Net  buyers- 295 crores. 

GLOBAL MARKETS-         US markets were closed for independence day.  

                                                    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 28700.

SILVERMIC(aug)-           Negative(from 37700), stop for short positions 38900.

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

NICKELM(jul)-               Positive(from 608), stop for long positions 584. 

                                                     
ZINCMINI(jul)-              Positive(from 166,jun), stop for long positions 176. 

CRUDEOILM(jul)-         Positive(from 3070), stop for long positions 2920.

NATURALGAS(jul)-      Sideways.

LEADMINI(jul)-              Positive(from 141), stop for long positions 144.50.

ALUMINI(jul)-               Positive(from 124.50), stop for long positions 122.

                                     

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

                                                           NCDEX                                   

KAPASSRNR(apr,2018) -     Negative(from 865), stop for short positions 896.

SOYBEAN(jul)-                     Positive (from 2935), stop for long positions 2820.

RMSEED(jul)-                       Sideways.

                                CURRENCY UPDATE

USDINR(jul)-              Positive above 65.20.

GBPINR(jul)-              Positive(from 84.30), stop for long positions  83.40.

EURINR(jul)-               Positive(from 74), stop for long positions 73.30.

JPYINR(jul)-               Negative(from 57.85), stop for short positions 58.20.

                                                                                                                                                                        

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