STRATEGY FOR 2nd APRIL 2018
EQUITY UPDATES
MARKET TREND - NIFTY (SPOT) - Negative(from 10180), stop for short positions 10350.
BANKNIFTY(SPOT) - Negative(from 24300), stop for short positions 24800.
TREND- in few major stocks.
MCX
LEADMINI(apr)- Negative(from 157.50,mar), stop for short positions 159.50.
MARKET TREND - NIFTY (SPOT) - Negative(from 10180), stop for short positions 10350.
BANKNIFTY(SPOT) - Negative(from 24300), stop for short positions 24800.
INSTITUTIONAL ACTIVITY- Fii - Net sellers- 1190 crores.
Dii - Net buyers - 1960 crores.
Dii - Net buyers - 1960 crores.
GLOBAL MARKETS- US markets ended positive on friday.
TRADING IDEAS
TREND- in few major stocks.
HDFC- Sideways.
YESBANK- Negative from 293, stop for short positions 310.
MARUTI- Sideways.
HDFCBANK - Sideways.
COMMODITY UPDATES
MCX
GOLDM(may)- Positive(from 30750), stop for short positions 30350.
SILVERMIC(apr)- Sideways.
COPPERM(apr)- Negative(from 444),stop for short positions 445.
NICKELM(apr)- Negative below 832.
ZINCMINI(apr)- Negative(from 214,mar), stop for short positions 216.50.
ZINCMINI(apr)- Negative(from 214,mar), stop for short positions 216.50.
CRUDEOILM(apr)- Positive(from 4270), stop for long positions 4060.
NATURALGAS(apr)- Sideways.
LEADMINI(apr)- Negative(from 157.50,mar), stop for short positions 159.50.
ALUMINI(apr)- Negative(from 135.50,mar), stop for short positions 134.
NCDEX
KAPASSRNR(apr,2018) - Negative(from 950), stop for short positions 920.
CURRENCY UPDATE
USDINR(apr)- Positive(from 65.40,mar), stop for long positions 64.85.
GBPINR(apr)- Positive(from 91.15,mar), stop for long positions 91.40.
EURINR(apr)- Sideways.
JPYINR(apr)- 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
USDINR(apr)- Positive(from 65.40,mar), stop for long positions 64.85.
GBPINR(apr)- Positive(from 91.15,mar), stop for long positions 91.40.
EURINR(apr)- Sideways.
JPYINR(apr)- 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