STRATEGY FOR 24th JANUARY

                                                       EQUITY UPDATES

MARKET TREND - NIFTY (SPOT) -     Positive(from 10510), stop for long positions 10700.
                   BANKNIFTY(SPOT) -            Positive(from 25800), stop for long positions 26400. 

   

                    INSTITUTIONAL ACTIVITY-         Fii -  Net buyers-  1229 crores.
                                                                     Dii - Net buyers -  169 crores. 

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

RESULTS TODAY  -                Biocon, Canarabank, Capf, Concor, Idea, Indigo, jindalsaw, Kei, Kpit, Lti, Lt,

                                                    M&mfinance, Mphasis, Pfizer, Pidilite, Raymond, Vijayabank.

RESULTS TOMORROW -        Ajantapharma, Dmart, Drreddy, Jindalsteel, L&tfh, Lic, Maruti, Nilkamal, 

                                                  Upl.

                                              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 1800.
  

YESBANK-          Positive(from 340), stop for long positions 330. 

   

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

HDFCBANK -      Positive(from 1902), stop for long positions 1885.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(feb)-              Positive(from 29050), stop for long positions 29400.

SILVERMIC(feb)-         Sideways.

COPPERM(feb)-         Negative below 438.

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

CRUDEOILM(feb)-      Positive(from 3845,jan), stop for long positions 3900.

NATURALGAS(jan)-   Positive(froms 197), stop for long positions 196.

LEADMINI(jan)-          Positive(from 167.50), stop for long positions 160.

ALUMINI(jan)-            Positive(from 144), stop for long positions 137.                         

                                                           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 87.75.

EURINR(jan)-              Positive(from 78.15), stop for long positions 77.40.

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