STRATEGY FOR 17th JANUARY

                                    EQUITY UPDATES

MARKET TREND - NIFTY (SPOT) -     Positive(from 10510), stop for long positions 10400.
                   BANKNIFTY(SPOT) -            Positive(from 25800), stop for long positions 25250. 

   

                    INSTITUTIONAL ACTIVITY-         Fii -  Net buyers-  693 crores.
                                                                             Dii - Net sellers -  246 crores. 

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

RESULTS TODAY  -                   Adanipower, Adaitrnasmission, Bhartiinfratel, Dcbbank, Hindunilvr, Jubilantlife, 
                                                       Mindtree, Sreiinfra, Tatasponge, Zee.

RESULTS TOMORROW -        Adanient, Adaniports, Bharti, Hindzinc, Ultratech, Yesbank.

                                              TRADING IDEAS

                                            POSITIONS OPEN

SHORT TERM -    Repcohome -  Buy(05/01/2018)- 708,  stop - 650,  target -  795.

                                                

  TREND-  in few major stocks.

HDFC-                  Positive(from 1720), stop for long positions 1775.
  

YESBANK-          Positive(from 340), stop for long positions 320. 

   

MARUTI-              Positive(from 8100), stop for long positions 9250.

HDFCBANK -      Positive(from 1902), stop for long positions 1835.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(feb)-              Positive(from 29050), stop for long positions 29300.

SILVERMIC(feb)-        Positive(from 38150), stop for long positions 38500.

COPPERM(feb)-         Sideways.

NICKELM(jan)-           Positive(from760,dec), stop for long positions 770.
                                                   
ZINCMINI(jan)-           Positive(from 211.50), stop for long  positions 212. 

CRUDEOILM(jan)-      Positive(from 3845), stop for long positions 3850.

NATURALGAS(jan)-   Positive(froms 197), stop for long positions 184.

LEADMINI(jan)-          Sideways.

ALUMINI(jan)-            Sideways.                         

                                                           NCDEX                             

KAPASSRNR(apr,2018) -     Positive(from 105), stop for long positions 970.

                                CURRENCY UPDATE

USDINR(jan)-              Sideways.

GBPINR(jan)-             Positive(from 87.80), stop for long positions 86.80.

EURINR(jan)-              Positive(from 78.15), stop for long positions 77.

JPYINR(jan)-             Positive(from 57.40), stop for long positions 57.15.

                                                                                                                                                                        

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