STRATEGY FOR 12th DECEMBER

                                                EQUITY UPDATES


MARKET TREND - NIFTY (SPOT) -      Sideways.
                   BANKNIFTY(SPOT) -          Sideways.    

             

INSTITUTIONAL ACTIVITY-         Fii -  Net sellers- 185 crores.

                                                        Dii - Net  buyers - 108 crores. 

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

DATA -                                        Industrial production,  CPI(5.30pm).

                                              TRADING IDEAS

  TREND-  in few major stocks.

HDFC-                  Sideways.
  

YESBANK-           Sideways. 

   

MARUTI-              Positive(from 8100), stop for long positions 8600.

HDFCBANK -      Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(jan)-               Negative(from 29000), stop for short positions 29200.

SILVERMIC(feb)-        Negative(from 38650), stop for short positions 38000.

COPPERM(feb)-          Negative(from 442,nov), stop for short positions  445.

NICKELM(dec)-           Negative(from 725), stop for short positions 741.

                                                     
ZINCMINI(dec)-            Negative below 198.50. 

CRUDEOILM(dec)-     Sideways.

NATURALGAS(dec)-   Sideways.

LEADMINI(dec)-            Sideways.

ALUMINI(dec)-               Negatve(from 134.50,nov), stop for short positions 133.50.                              

                                                           NCDEX                             

KAPASSRNR(apr,2018) -    Positive(from 900), stop for long positions 940.

                                CURRENCY UPDATE

USDINR(dec)-             Sideways.

GBPINR(dec)-             Sideways.

EURINR(dec)-             Sideways.

JPYINR(dec)-              Negative below 56.75.

                                                                                                                                                                        

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