STRATEGY FOR 2nd NOVEMBER

                                                            EQUITY UPDATES

 
MARKET TREND - NIFTY (SPOT) -    Positive(from 10380), stop for long positions 10150.

                   BANKNIFTY(SPOT) -            Positive above 25600.    

             

INSTITUTIONAL ACTIVITY-         Fii- Net buyers -  1038 crores.

                                                        Dii- Net  sellers -  667 crores. 

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

RESULTS TODAY -                   Andhrabank, Cera, Glenmark, Natcopharma, Powergrid, Ujjivan, Vedl.    

RESULTS TOMORROW -     Godrejprop,  HIndalo, Pfc, Pnb, Tatapower, Titan, Torrenepharm, Ucobank, 
                                                     Unionbank, Vrllog.    

                                             TRADING IDEAS

                                          POSITIONS OPEN 

POSITIONAL -       JUBLFOOD -    Buy(1/11/2017) - 1655,   stop - 1565,   target - 1755.

POSITIONAL -       GRASIM  -    Buy(1/11/2017)- 1240,   stop - 1175,   target - 1310.

SHORT TERM -      Salasar -   Buy(09/10/2017)  -  296,    stop -  265 ,    target -  340.

  TREND-  in few major stocks

HDFC-                 Sideways.

  

YESBANK-         Sideways. 

   

MARUTI-             Positive(from 8100), stop for long positions 7850.

HDFCBANK -       Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(dec)-               Negative(from 29400), stop for short positions 29550.

SILVERMIC(nov)-        Sideways.

COPPERM(nov)-          Sideways.

NICKELM(nov)-            Positive(from 805), stop for long positions 775. 

                                                     
ZINCMINI(nov)-            Positive(from 213), stop for long positions 206. 

CRUDEOILM(nov)-       Positive(from 3410), stop for long positions 3360.

NATURALGAS(nov)-     Negative(from 196), stop for short positions 199.

LEADMINI(nov)-             Negative(from 159,oct), stop for short positions 163.

ALUMINI(nov)-              Positive(from 131,aug), stop for long positions 137.                              

                                                           NCDEX                             

KAPASSRNR(apr,2018) -    Sideways.

                                CURRENCY UPDATE

USDINR(nov)-             Negative(from 64.90), stop for short positions 65.50.

GBPINR(nov)-             Negative(from 85.75), stop for short positions 86.60.

EURINR(nov)-             Negative(from 76.40), stop for short positions 76.50.

JPYINR(nov)-              Negative(from 57.50,sep), stop for short positions 57.70. 

                                                                                                                                                                        

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