STRATEGY FOR 12th DECEMBER 2018

                                                  EQUITY UPDATE

MARKET TREND - NIFTY (SPOT) -     Sideways.
                    BANKNIFTY(SPOT) -        Sideways. 

                  INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  2421 crores.

                                                                     Dii - Net buyers -  2255 crores.

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

              

                                                            TRADING IDEAS 

  

  TREND-  in few major stocks.

HDFC-               Sideways.
  

YESBANK-       Negative(from 187), stop for short positions 185.

   

MARUTI-          Sideways.

HDFCBANK -   Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(jan)-            Positive(from 31100), stop for long positions 30900.

SILVERMIC(feb)-     Positive(from 37800), stop for long positions 37000.

COPPERM(feb) -       Sideways.

NICKELM(dec)-        Sideways.

                                                   
ZINCMINI(dec)-        Positive above 192.

CRUDEOILM(dec)-    Negative(from 5200,nov), stop for short positions 3950.

NATURALGAS(dec)-  Positive above 336.

LEADMINI(dec)-         Positive(from 143), stop for long positions 138.

ALUMINI(dec)-            Positive above 143.                       

                                CURRENCY UPDATE

USDINR(dec)-              Positive(from 71.85), stop for long postiions 70.50.

GBPINR(dec)-              Negative(from 95.50,oct), stop for short positions 91.50.

EURINR(dec)-              Positive(from 81.10), stop for long positions 80.80.

JPYINR(dec)-               Positive(from 63.50), stop for long positions 63.20.

                                                                                                                                                                        

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