STRATEGY FOR 30th NOVEMBER 2018
EQUITY UPDATE
MARKET TREND - NIFTY (SPOT) - Positive(from 10680), stop for long positions 10400.
BANKNIFTY(SPOT) - Positive(from 26100), stop for long positions 25900.
POSITONS OPEN
POSITIONAL- MARUTI - Buy(16/11/2018) - 7520, stop - 7300, target - 7850.
TREND- in few major stocks.
MCX
COPPERM(feb) - Sideways.
ZINCMINI(dec)- Negative(from 177,nov), stop for short positions 185.
LEADMINI(dec)- Negative(from 144.25,nov), stop for short positions 141.
MARKET TREND - NIFTY (SPOT) - Positive(from 10680), stop for long positions 10400.
BANKNIFTY(SPOT) - Positive(from 26100), stop for long positions 25900.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 823 crores.
Dii - Net buyers - 973 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
DATA - GDP, IIP (5.30pm).
DATA - GDP, IIP (5.30pm).
TRADING IDEAS
POSITIONAL- MARUTI - Buy(16/11/2018) - 7520, stop - 7300, target - 7850.
TREND- in few major stocks.
HDFC- Positive(from 1852), stop for long positions 1865.
YESBANK- Negative(from 187), stop for short positions 195.
MARUTI- Positive(from 7425), stop for long positions 7300.
HDFCBANK - Positive(from 1980), stop for long positions 2035.
COMMODITY UPDATES
MCX
GOLDM(jan)- Negative(from 30900), stop for short positions 30800.
SILVERMIC(feb)- Negative(from 36550,nov), stop for short positions 38000.
COPPERM(feb) - Sideways.
NICKELM(dec)- Negative(from 860,oct), stop for short positions 800.
ZINCMINI(dec)- Negative(from 177,nov), stop for short positions 185.
CRUDEOILM(dec)- Negative(from 5200,nov), stop for short positions 4000.
NATURALGAS(dec)- sideways.
LEADMINI(dec)- Negative(from 144.25,nov), stop for short positions 141.
ALUMINI(dec)- Negative(from 149,oct), stop for short positions 141.
CURRENCY UPDATE
USDINR(dec)- Negative(from 72.50,nov), stop for short positions 71.30.
GBPINR(dec)- Negative(from 95.50,oct), stop for short positions 91.60.
EURINR(dec)- Negative(from 84.oct), stop for short positions 81.10.
JPYINR(dec)- Negative(from 65.20,oct), stop for short positions 63.10.
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(dec)- Negative(from 72.50,nov), stop for short positions 71.30.
GBPINR(dec)- Negative(from 95.50,oct), stop for short positions 91.60.
EURINR(dec)- Negative(from 84.oct), stop for short positions 81.10.
JPYINR(dec)- Negative(from 65.20,oct), stop for short positions 63.10.
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