STRATEGY FOR 16th NOVEMBER 2018

                                               EQUITY UPDATE

MARKET TREND - NIFTY (SPOT) -     Positive above 10680.
                    BANKNIFTY(SPOT) -        Positive(from 26100), stop for long positions 25350. 

                  INSTITUTIONAL ACTIVITY-    Fii -  Net buyers - 2043 crores.

                                                                     Dii - Net sellers -  165 crores.

GLOBAL MARKETS-         US markets trading positive at the time of writing. 

RESULTS TODAY-          Srei infra. 

RESULTS TOMORROW -    Siemens. 

                                                            TRADING IDEAS 

   

POSITIONAL-     MARUTI  -   Buy above - 7520,   stop -  7245,    target -  7850.

  TREND-  in few major stocks.

HDFC-              Positive(from 1852), stop for long  positions 1783.
  

YESBANK-       Sideways.

   

MARUTI-          Positive(from 7425), stop for long positions 7020.

HDFCBANK -   Positive above 1980.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(dec)-            Negative(from 30900), stop for short positions  below 31400.

SILVERMIC(nov)-     Negative(from 36550), stop for short positions 37300.

COPPERM(nov) -      Negative(from 439), stop for short positions 442.

NICKELM(nov)-          Negative(from 860,oct), stop for short positions 844.

                                                   
ZINCMINI(nov)-           Sideways. 

CRUDEOILM(dec)-    Negative(from 5200,nov), stop for short positions 4415.

NATURALGAS(nov)-  sideways.

LEADMINI(nov)-         Negative(from 144.25), stop for short positions 145.

ALUMINI(nov)-            Negative(from 149,oct), stop for short positions 144.                        

                                CURRENCY UPDATE

USDINR(nov)-              Negative(from 72.50), stop for short positions 73.

GBPINR(nov)-              Negative(from 95.50,oct), stop for short positions 94.50.

EURINR(nov)-               Negative(from 84.oct), stop for short positions 82.80.
 

JPYINR(nov)-               Negative(from 65.20,oct), stop for short positions 64.15.

                                                                                                                                                                        

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