STRATEGY FOR 31st DECEMBER 2018
EQUITY UPDATE
MARKET TREND - NIFTY (SPOT) - Sideways.
BANKNIFTY(SPOT) - Positive(from 27100), stop for long positions 26400.
TREND- in few major stocks.
MCX
COPPERM(feb) - Negative(from 415), stop for short positions 431.
ZINCMINI(jan)- Negative(from 182.50,dec), stop for short positions 181.
LEADMINI(jan)- Sideways.
MARKET TREND - NIFTY (SPOT) - Sideways.
BANKNIFTY(SPOT) - Positive(from 27100), stop for long positions 26400.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 119 crores.
Dii - Net buyers - 1199 crores.
GLOBAL MARKETS- US markets ended flat on friday.
TRADING IDEAS
TREND- in few major stocks.
HDFC- Sideways.
YESBANK- Sideways.
MARUTI- Sideways.
HDFCBANK - Sideways.
COMMODITY UPDATES
MCX
GOLDM(feb)- Positive above 31800.
SILVERMIC(feb)- Positive(from 37800), stop for long positions 37600.
COPPERM(feb) - Negative(from 415), stop for short positions 431.
NICKELM(jan)- Negative(from 755,dec), stop for short positions 780.
ZINCMINI(jan)- Negative(from 182.50,dec), stop for short positions 181.
CRUDEOILM(jan)- Negative(from 5200,nov), stop for short positions 3370.
NATURALGAS(jan)- Negative(from 268,dec), stop for short positions 260.
LEADMINI(jan)- Sideways.
ALUMINI(jan)- Negative(from 136.90,dec), stop for short positions 135.
CURRENCY UPDATE
USDINR(jan)- Sideways.
GBPINR(jan)- Negative(from 95.50,oct), stop for short positions 90.10.
EURINR(jan)- Sideways.
JPYINR(jan)- 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(jan)- Sideways.
GBPINR(jan)- Negative(from 95.50,oct), stop for short positions 90.10.
EURINR(jan)- Sideways.
JPYINR(jan)- 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