STRATEGY FOR 8th DECEMBER

                                              EQUITY UPDATES

 
MARKET TREND - NIFTY (SPOT) -      Sideways.

                   BANKNIFTY(SPOT) -          Sideways.    

             

INSTITUTIONAL ACTIVITY-         Fii -  Net sellers- 1075 crores.

                                                        Dii - Net  buyers - 926 crores. 

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

                                              TRADING IDEAS

  TREND-  in few major stocks.

HDFC-                  Sideways.
  

YESBANK-           Sideways. 

   

MARUTI-              Positive(from 8100), stop for long positions 8470.

HDFCBANK -      Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(jan)-               Negative(from 29000), stop for short positions 29400.

SILVERMIC(feb)-        Negative(from 38650), stop for short positions 38500.

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)-    Negative below 178.

LEADMINI(dec)-            Sideways.

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

                                                           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