STRATEGY FOR 31st AUGUST
EQUITY UPDATES
MARKET TREND - (NIFTY SPOT) - Sideways.
BANKNIFTY(SPOT) - Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net sellers - 12 crores.
Dii- Net buyers- 290 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
DATA - GDP (5.30pm).
DATA - GDP (5.30pm).
TRADING IDEAS
PO
TREND- in few major stocks
HDFC- Positive(from 1773), stop for long positions 1690.
YESBANK- Sideways.
MARUTI- Sideways.
HDFCBANK - Positive(from 1222), stop for long positions 1725.
COMMODITY UPDATES
MCX
GOLDM(oct)- Positive(from 29600), stop for long positions 29150.
SILVERMIC(nov)- Positive(from 38850aug), stop for long positions 39200.
COPPERM(nov)- Positive(from 392,aug), stop for long positions 427.
NICKELM(sep)- Positive(from 709), stop for long positions 717.
ZINCMINI(sep)- Positive(from 187.50,aug), stop for long positions 191.
CRUDEOILM(sep)- Negative(from 2940), stop for short positions 3110.
NATURALGAS(sep)- Sideways.
LEADMINI(sep)- Sideways.
ALUMINI(sep)- Positive(from 131,aug), stop for long positions 130.
NCDEX
KAPASSRNR(apr,2018) - Sideways.
CURRENCY UPDATE
USDINR(sep)- Sideways.
GBPINR(sep)- Sideways.
EURINR(sep)- Positive(from 76.60), stop for long positions 76.20.
JPYINR(sep)- 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
USDINR(sep)- Sideways.
GBPINR(sep)- Sideways.
EURINR(sep)- Positive(from 76.60), stop for long positions 76.20.
JPYINR(sep)- 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