STRATEGY FOR 7th DECEMBER

                                                  EQUITY UPDATES

 
MARKET TREND - NIFTY (SPOT) -      Sideways.

                   BANKNIFTY(SPOT) -          Sideways.    

             

INSTITUTIONAL ACTIVITY-         Fii -  Net sellers- 1217 crores.

                                                        Dii - Net  buyers - 995 crores. 

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

                                              TRADING IDEAS

                                                                             POSITIONS CLOSED

SHORT TERM -     AJANTPHARM-  Buy(28/11/2017)- 1385,  stop hit(06/12/2017) - 1260.

  TREND-  in few major stocks.

HDFC-                  Sideways.
  

YESBANK-           Sideways. 

   

MARUTI-             Positive(from 8100), stop for long positions 8340.

HDFCBANK -      Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(jan)-               Negative(from 29000), stop for short positions 29600.

SILVERMIC(feb)-        Negative(from 38650), stop for short positions 39000.

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

NICKELM(dec)-           Negative(from 725), stop for short positions 750.

                                                     
ZINCMINI(dec)-            Negative below 198.50. 

CRUDEOILM(dec)-       Positive(from 3410,nov), stop for long positions 3620.

NATURALGAS(dec)-     Sideways.

LEADMINI(dec)-            Sideways.

ALUMINI(dec)-               Negatve(from 134.50,nov), stop for short positions 136.                              

                                                           NCDEX                             

KAPASSRNR(apr,2018) -    Positive(from 900), stop for long posiions 920.

                                CURRENCY UPDATE

USDINR(dec)-             Sideways.

GBPINR(dec)-             Sideways.
 

EURINR(dec)-             Sideways.

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