STRATEGY FOR 30th APRIL 2018
EQUITY UPDATES
MARKET TREND - NIFTY (SPOT) - Positive(from 10450), stop for long positions 10350.
BANKNIFTY(SPOT) - Positive above 25500.
TREND- in few major stocks.
MCX
LEADMINI(apr)- Sideways.
MARKET TREND - NIFTY (SPOT) - Positive(from 10450), stop for long positions 10350.
BANKNIFTY(SPOT) - Positive above 25500.
INSTITUTIONAL ACTIVITY- Fii - Net sellers- 759 crores.
Dii - Net buyers - 633 crores.
GLOBAL MARKETS- US markets ended flat on friday.
RESULTS TODAY- Ceat, Concor, Dhfl, Hdfc, HIndzinc, Kotakbank.
RESULTS TOMORROW - Dabur.
DATA - Infrasutructure output(5pm).
DATA - Infrasutructure output(5pm).
TRADING IDEAS
TREND- in few major stocks.
HDFC- Positive(from 1876), stop for long positions 1820.
YESBANK- Positive(from 330), stop for long positions 320.
MARUTI- Sideways.
HDFCBANK - Sideways.
COMMODITY UPDATES
MCX
GOLDM(may)- Positive(from 30750), stop for long positions 31000.
SILVERMIC(apr)- Sideways.
COPPERM(apr)- Positive(from 452), stop for long positions 450.
NICKELM(apr)- Sideways.
ZINCMINI(apr)- Sideways.
ZINCMINI(apr)- Sideways.
CRUDEOILM(may)- Positive(from 4400,apr), stop for long positions 4350.
NATURALGAS(may)- Positive(from 181,apr), stop for long positions 181.
LEADMINI(apr)- Sideways.
ALUMINI(apr)- Sideways.
NCDEX
KAPASSRNR(apr,2018) - Sideways.
CURRENCY UPDATE
USDINR(may)- Positive(from 65.40,mar), stop for long positions 66.20.
GBPINR(may)- Positive above 93.80.
EURINR(may)- Positive(from 81.20,apr), stop for long positions 81.
JPYINR(may)- Positive(from 61.50), stop for long positions 60.95.
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(may)- Positive(from 65.40,mar), stop for long positions 66.20.
GBPINR(may)- Positive above 93.80.
EURINR(may)- Positive(from 81.20,apr), stop for long positions 81.
JPYINR(may)- Positive(from 61.50), stop for long positions 60.95.
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