STRATEGY FOR 31st JULY 2018
EQUITY UPDATES
MARKET TREND - NIFTY (SPOT) - Positive(from 10980), stop for long positions 11000.
BANKNIFTY(SPOT) - Positive(from 27000), stop for long positions 26900.
RESULTS TOMORROW - Apollotyre, Emamiltd, Exide, Jindalsaw, Pidilitind, Relinfra, Tataglobal,
TREND- in few major stocks.
MCX
ZINCMINI(aug)- Positive(from 183,jul), stop for long positions 172.
LEADMINI(jul)- Negative(from 149,jul), stop for short positions 151.
MARKET TREND - NIFTY (SPOT) - Positive(from 10980), stop for long positions 11000.
BANKNIFTY(SPOT) - Positive(from 27000), stop for long positions 26900.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 234 crores.
Dii - Net buyers - 486 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
RESULTS TODAY - Bankindia, Bel, Bluedart, Castrol, Dabur, Dcmshriram, Gsfc, Mgl, Powergrid, Raymond, Tatamorots, Tatamtrdvr, Upl, Vedl, Vguard.
RESULTS TODAY - Bankindia, Bel, Bluedart, Castrol, Dabur, Dcmshriram, Gsfc, Mgl, Powergrid, Raymond, Tatamorots, Tatamtrdvr, Upl, Vedl, Vguard.
RESULTS TOMORROW - Apollotyre, Emamiltd, Exide, Jindalsaw, Pidilitind, Relinfra, Tataglobal,
Torntpower.
TRADING IDEAS
TRADING IDEAS
SHORT TERM- BHEL - Buy above - 74, stop - 66. target - 86.
TREND- in few major stocks.
HDFC- Positive above 2055.
YESBANK- Sideways.
MARUTI- Sideways.
HDFCBANK - Positive(from 2153), stop for long positions 2130.
COMMODITY UPDATES
MCX
GOLDM(sep)- Negative(from 30300,aug), stop for short positions 30200.
SILVERMIC(aug)- Negative(from 39600,jun), stop for short positions 38900.
COPPERM(aug)- Sideways.
NICKELM(aug)- Negative(from 993,jun), stop for short positions 960.
ZINCMINI(aug)- Positive(from 183,jul), stop for long positions 172.
CRUDEOILM(aug)- Negative(from 4720,jul), stop for short positions 4850.
NATURALGAS(aug)- Negative(from (194,jul), stop for short positions 195.
LEADMINI(jul)- Negative(from 149,jul), stop for short positions 151.
ALUMINI(aug)- Sideways.
CURRENCY UPDATE
USDINR(aug)- Sideways.
GBPINR(aug)- Positive above 90.72.
EURINR(aug)- Positive above 80.80.
JPYINR(aug)- 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(aug)- Sideways.
GBPINR(aug)- Positive above 90.72.
EURINR(aug)- Positive above 80.80.
JPYINR(aug)- 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