STRATEGY FOR 8th SEPTEMBER

                                        EQUITY UPDATES

 
MARKET TREND - (NIFTY SPOT) -      Sideways.

                       BANKNIFTY(SPOT) -      Sideways.    

             

INSTITUTIONAL ACTIVITY-            Fii- Net  sellers-  564 crores.

                                                             Dii- Net  buyers-  245 crores. 

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

   

                                                    TRADING IDEAS          

POSITIONAL -    YES BANK  -     Buy(07/09/2017)-  1810,  stop - 1750,   target -  1870.

  PO

  TREND-  in few major stocks

HDFC-                  Positive(from 1773), stop for long positions 1720.

  

YESBANK-          Positive(from 1810), stop for long positions 1710.

   

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 40200.

COPPERM(nov)-             Positive(from 392,aug), stop for long positions 435.

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)-          Positive above 3180.

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) -    Positive above 906.

                                CURRENCY UPDATE

USDINR(sep)-             Sideways.

GBPINR(sep)-             Positive(from 83.45), stop for long positions 82.90.

EURINR(sep)-              Positive(from 76.90.), stop for long positions 75.90.

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