STRATEGY FOR 17th DECEMBER 2018

                                               EQUITY UPDATE

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

                  INSTITUTIONAL ACTIVITY-    Fii -  Net buyers -  861 crores.

                                                                     Dii - Net sellers -  302 crores.

GLOBAL MARKETS-         US markets ended negative on friday. 

              

                                                            TRADING IDEAS 

  

  TREND-  in few major stocks.

HDFC-               Sideways.
  

YESBANK-       Sideways.

   

MARUTI-          Sideways.

HDFCBANK -   Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

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

SILVERMIC(feb)-     Positive(from 37800), stop for long positions 37200.

COPPERM(feb) -       Sideways.

NICKELM(dec)-        Sideways.

                                                   
ZINCMINI(dec)-        Negative below 182.50.

CRUDEOILM(dec)-    Negative(from 5200,nov), stop for short positions 3900.

NATURALGAS(dec)-  Negative below 273.

LEADMINI(dec)-         Positive(from 143), stop for long positions 139.

ALUMINI(dec)-          Negative below 136.90.                       

                                CURRENCY UPDATE

USDINR(dec)-              Positive(from 71.85), stop for long postiions 71.20.

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