STRATEGY FOR 29th DECEMBER

                                                   EQUITY UPDATES

MARKET TREND - NIFTY (SPOT) -     Positive(from 10510), stop for long positions 10100.
                   BANKNIFTY(SPOT) -           Positive above 25800.    

             

INSTITUTIONAL ACTIVITY-         Fii -  Net buyers- 562 crores.

                                                        Dii - Net  sellers - 774 crores. 

GLOBAL MARKETS-                   US markets trading positive 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 9100.

HDFCBANK -      Positive(from 1902), stop for long positions 1810.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(feb)-              Positive(from 29050), stop for long positions 28500.

SILVERMIC(feb)-        Positive(from 38150), stop for long positions 37450.

COPPERM(feb)-          Positive(from 449), stop for long position 450.

NICKELM(jan)-           Positive(from760,dec), stop for long positions 750.
                                                   
ZINCMINI(jan)-           Positive(from 211.50), stop for long  positions 203. 

CRUDEOILM(jan)-      Positive above 3845.

NATURALGAS(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)-              Sideways.

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