STRATEGY FOR 1st JANUARY
EQUITY UPDATES
MARKET TREND - NIFTY (SPOT) - Positive(from 10510), stop for long positions 10100.
BANKNIFTY(SPOT) - Sideways.
TREND- in few major stocks.
MCX
MARKET TREND - NIFTY (SPOT) - Positive(from 10510), stop for long positions 10100.
BANKNIFTY(SPOT) - Sideways.
INSTITUTIONAL ACTIVITY- Fii - Net buyers- 595 crores.
Dii - Net buyers - 461 crores.
GLOBAL MARKETS- US markets ended negative on friday .
TRADING IDEAS
TREND- in few major stocks.
HDFC- Positive(from 1720), stop for long positions 1670.
YESBANK- Sideways.
MARUTI- Positive(from 8100), stop for long positions 9100.
HDFCBANK - Positive(from 1902), stop for long positions 1810.
COMMODITY UPDATES
MCX
GOLDM(feb)- Positive(from 29050), stop for long positions 28700.
SILVERMIC(feb)- Positive(from 38150), stop for long positions 37900.
COPPERM(feb)- Positive(from 449), stop for long position 450.
NICKELM(jan)- Positive(from760,dec), stop for long positions 760.
ZINCMINI(jan)- Positive(from 211.50), stop for long positions 205.
ZINCMINI(jan)- Positive(from 211.50), stop for long positions 205.
CRUDEOILM(jan)- Positive(from 3845), stop for long positions 3690.
NATURALGAS(jan)- Sideways.
LEADMINI(jan)- Sideways.
LEADMINI(jan)- Sideways.
ALUMINI(jan)- Positive(from135.30,dec)stopfor longpositions 138.
NCDEX
KAPASSRNR(apr,2018) - Positive(from 900), stop for long positions 985.
CURRENCY UPDATE
USDINR(jan)- Negative below 63.90.
GBPINR(jan)- Sideways.
EURINR(jan)- Sideways.
JPYINR(jan)- 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(jan)- Negative below 63.90.
GBPINR(jan)- Sideways.
EURINR(jan)- Sideways.
JPYINR(jan)- 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