STRATEGY FOR 31sh MAY 2018
EQUITY UPDATES
MARKET TREND - NIFTY (SPOT) - Sideways.
BANKNIFTY(SPOT) - Sideways.
TREND- in few major stocks.
MCX
LEADMINI(jun)- Sideways.
MARKET TREND - NIFTY (SPOT) - Sideways.
BANKNIFTY(SPOT) - Sideways.
INSTITUTIONAL ACTIVITY- Fii - Net sellers- 1286 crores.
Dii - Net buyers - 492 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
DATA - GDP(5.30pm).
TRADING IDEAS
TREND- in few major stocks.
HDFC- Negative(from 1811), stop for short positions 1830.
YESBANK- Sideways.
MARUTI- Sideways.
HDFCBANK - Positive above 2056.
COMMODITY UPDATES
MCX
GOLDM(jun)- Sideways.
SILVERMIC(jun)- Sideways.
COPPERM(jun)- sideways.
NICKELM(jun)- Positive(from 982,may), stop for long positions 980.
ZINCMINI(jun)- Positive(from 210.50,may), stop for long positions 206.
ZINCMINI(jun)- Positive(from 210.50,may), stop for long positions 206.
CRUDEOILM(jun)- Sideways.
NATURALGAS(jun)- Positive(from 181,apr), stop for long positions 191.
LEADMINI(jun)- Sideways.
ALUMINI(jun)- Sideways.
CURRENCY UPDATE
USDINR(jun)- Sideways.
GBPINR(jun)- Negative(from 90.90), stop for short positions 91.40.
EURINR(jun)- Negative(from 79.20), stop for short positions 80.
JPYINR(jun)- Positive(from 62.50), stop for long positions 61.40.
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(jun)- Sideways.
GBPINR(jun)- Negative(from 90.90), stop for short positions 91.40.
EURINR(jun)- Negative(from 79.20), stop for short positions 80.
JPYINR(jun)- Positive(from 62.50), stop for long positions 61.40.
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