STRATEGY FOR 20th DECEMBER

                                                  EQUITY UPDATES


MARKET TREND - NIFTY (SPOT) -     Positive above 10510.
                   BANKNIFTY(SPOT) -           Positive above 25800.    

             

INSTITUTIONAL ACTIVITY-         Fii -  Net sellers- 407 crores.

                                                        Dii - Net  buyers - 357crores. 

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

                                              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 8950.

HDFCBANK -      Positive above 1902.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

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

SILVERMIC(feb)-        Negative(from 38650), stop for short positions 37700.

COPPERM(feb)-          Positive(from 449), stop for long position 430.

NICKELM(dec)-           Positive above 760.
                                                   
ZINCMINI(dec)-           Sideways. 

CRUDEOILM(jan)-     Sideways.

NATURALGAS(dec)-   Negative(from 174), stop for short positions 184.

LEADMINI(dec)-            Sideways.

ALUMINI(dec)-              Sideways.                              

                                                           NCDEX                             

KAPASSRNR(apr,2018) -    Positive(from 900), stop for long positions 965.

                                CURRENCY UPDATE

USDINR(dec)-             Negative below 63.95.

GBPINR(dec)-             Sideways.

EURINR(dec)-             Negative below 75.55.

JPYINR(dec)-              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