STRATEGY FOR 31st AUGUST 2018
EQUITY UPDATES
MARKET TREND - NIFTY (SPOT) - Positive(from 10980), stop for long positions 11400.
BANKNIFTY(SPOT) - Positive(from 27000), stop for long positions 27700.
TREND- in few major stocks.
MCX
ZINCMINI(sep)- Sideways.
LEADMINI(sep)- Positive(from 146), stop for long positions 143.
MARKET TREND - NIFTY (SPOT) - Positive(from 10980), stop for long positions 11400.
BANKNIFTY(SPOT) - Positive(from 27000), stop for long positions 27700.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 958 crores.
Dii - Net sellers - 1598 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
DATA - GDP (5.30pm).
TRADING IDEAS
DATA - GDP (5.30pm).
TRADING IDEAS
SHORT TERM- BHEL - Buy(31/07/2018) - 74, stop(revised) - 74. target - 86.
TREND- in few major stocks.
HDFC- Positive(from 1964), stop for long positions 1910.
YESBANK- Sideways.
MARUTI- Sideways.
HDFCBANK - Negative(from 2090), stop for short positions 2115.
COMMODITY UPDATES
MCX
GOLDM(oct)- Positive(from 30250), stop for long positions 29700.
SILVERMIC(nov)- Negative(from 39600,jun), stop for short positions 38600.
COPPERM(nov) - Positive above 434.
COPPERM(nov) - Positive above 434.
NICKELM(aug)- Sideways.
ZINCMINI(sep)- Sideways.
CRUDEOILM(sep)- Positive(from 4850), stop for long positions 4720.
NATURALGAS(sep)- Sideways.
LEADMINI(sep)- Positive(from 146), stop for long positions 143.
ALUMINI(sep)- Positive(from 145.60,aug), stop for long position 145.
CURRENCY UPDATE
USDINR(sep)- Positive(from 70.10,aug), stop for long positions 69.95.
GBPINR(sep)- Positive(from 90,aug), stop for long positions 90.60.
EURINR(sep)- Positive(from 80.80,aug), stop for long positions 81.80.
JPYINR(sep)- Positive(from 62.55,aug), stop for long positions 63.
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(sep)- Positive(from 70.10,aug), stop for long positions 69.95.
GBPINR(sep)- Positive(from 90,aug), stop for long positions 90.60.
EURINR(sep)- Positive(from 80.80,aug), stop for long positions 81.80.
JPYINR(sep)- Positive(from 62.55,aug), stop for long positions 63.
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