STRATEGY FOR 1st OCTOBER 2018
EQUITY UPDATES
MARKET TREND - NIFTY (SPOT) - Negative(from 11350), stop for short positions 11400.
BANKNIFTY(SPOT) - Negative(from 27050), stop for short positions 26200.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 1699 crores.
Dii - Net buyers - 3256 crores.
GLOBAL MARKETS- US markets ended flat on friday.
TRADING IDEAS
TREND- in few major stocks.
HDFC- Negative(from 1875), stop for short positions 1825.
YESBANK- Negative(from 320), stop for short positions 232.
MARUTI- Negative(from 8800), stop for short positions 8030.
HDFCBANK - sideways.
COMMODITY UPDATES
MCX
GOLDM(nov)- Sideways.
SILVERMIC(nov)- Positive(from 37950), stop for long positions 37300.
COPPERM(nov) - Positive(from 445), stop for long positions 439.
NICKELM(oct)- Sideways.
ZINCMINI(sep)- Positive(from 184), stop for long positions 180.
CRUDEOILM(oct)- Positive(from 5065,sep), stop for long positions 5150.
NATURALGAS(nov)- Positive(from 212.50,oct), stop for long positions 214.
LEADMINI(oct)- Sideways.
ALUMINI(oct)- Sideways.
CURRENCY UPDATE
USDINR(oct)- Sideways.
GBPINR(oct)- Sideways.
EURINR(oct)- Sideways.
JPYINR(oct)- Negative below 64.
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(oct)- Sideways.
GBPINR(oct)- Sideways.
EURINR(oct)- Sideways.
JPYINR(oct)- Negative below 64.
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