STRATEGY FOR 29th 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-  937 crores.
                                                                                   Dii - Net sellers -  965 crores. 

GLOBAL MARKETS-                   US markets ended positive on friday.   
        

RESULTS TODAY  -                Centurytext, Emami, Hdil, Idfc, Inox, Rcom, Wockpharma. 

RESULTS TOMORROW-       Bel, Bharatfinanance, Engineersindia, Godrejcp, Ioc, Jisljale, Orientalbank, Piramal, 
                                                     Rpower, Tatametaliks, Tvsmotor. 

       

                                              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 1820.
  

YESBANK-          Positive(from 340), stop for long positions 335. 

   

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

HDFCBANK -      Positive(from 1902), stop for long positions 1910.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(feb)-              Positive(from 29050), stop for long positions 29700.

SILVERMIC(feb)-       Positive(from 3980), stop for long positions  above 38500.

COPPERM(feb)-         Sideways.

NICKELM(jan)-           Positive(from760,dec), stop for long positions 785.
                                                   
ZINCMINI(jan)-           Positive(from 211.50), stop for long  positions 215. 

CRUDEOILM(feb)-      Positive(from 3845,jan), stop for long positions 4000.

NATURALGAS(jan)-   Positive(froms 197), stop for long positions 199.

LEADMINI(jan)-          Positive(from 167.50), stop for long positions 161.50.

ALUMINI(jan)-            Positive(from 144), stop for long positions 137.50.                         

                                                           NCDEX                             

KAPASSRNR(apr,2018) -    Sideways.

                                CURRENCY UPDATE

USDINR(jan)-              Sideways.

GBPINR(jan)-             Positive(from 87.80), stop for long positions 88.50.

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

JPYINR(jan)-             Positive(from 57.40), stop for long positions 57.30.

                                                                                                                                                                        

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