STRATEGY FOR 6th SEPTEMBER

                                   EQUITY UPDATES

 
MARKET TREND - (NIFTY SPOT) -      Sideways.

                       BANKNIFTY(SPOT) -      Sideways.    

             

INSTITUTIONAL ACTIVITY-            Fii- Net  sellers-  379 crores.

                                                             Dii- Net  buyers-  474 crores. 

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

   

                                                    TRADING IDEAS          

  PO

  TREND-  in few major stocks

HDFC-                  Positive(from 1773), stop for long positions 1705.

  

YESBANK-          Sideways.

   

MARUTI-             Positive(from 7845), stop for long positions 7500.

HDFCBANK -       Positive(from 1222), stop for long positions 1725.

                      

                                         

                                          COMMODITY UPDATES

                                                   MCX

GOLDM(oct)-                Positive(from 29600), stop for long positions 29650.

SILVERMIC(nov)-          Positive(from 38850aug), stop for long positions 40100.

COPPERM(nov)-             Positive(from 392,aug), stop for long positions 433.

NICKELM(sep)-              Positive(from 709),  stop for long positions 739. 

                                                     
ZINCMINI(sep)-                Positive(from 187.50,aug), stop for  long positions 194.50. 

CRUDEOILM(sep)-          Sideways.

NATURALGAS(sep)-     Positive(from 196), stop for long positions 186.

LEADMINI(sep)-             Sideways.

ALUMINI(sep)-              Positive(from 131,aug), stop for long positions 131.50.                              

                                                           NCDEX                             

KAPASSRNR(apr,2018) -     Sideways.

                                CURRENCY UPDATE

USDINR(sep)-             Sideways.

GBPINR(sep)-             Positive above 83.45.

EURINR(sep)-             Sideways.

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