STRATEGY FOR 21st DECEMBER 2018

                                                           EQUITY UPDATE

MARKET TREND -      NIFTY (SPOT) -     Positive(from 10950), stop for long positions 10550.
                                    BANKNIFTY(SPOT) -  Positive(from 27100), stop for long positions 26100. 

                  INSTITUTIONAL ACTIVITY-    Fii -  Net sellers - 386 crores.

                                                                     Dii - Net buyers -  87 crores.

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

              

                                                            TRADING IDEAS 

  

  TREND-  in few major stocks.

HDFC-               Positive(from 1970), stop for long positions 1890.

YESBANK-       Sideways.

   

MARUTI-          Positive(from 7800), stop for long positions 7470.

HDFCBANK -   Positive(from 2140), stop for long positions 2070.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(jan)-            Sideways.

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

COPPERM(feb) -       Negative below 415.

NICKELM(dec)-        Negative(from 755), stop for short positions 795.

                                                   
ZINCMINI(dec)-        Negative(from 182.50), stop for short positions 186.

CRUDEOILM(jan)-    Negative(from 5200,nov), stop for short positions 3770.

NATURALGAS(dec)-  Negative(from 268), stop for short positions 295.

LEADMINI(dec)-         Negative below 136.

ALUMINI(dec)-          Negative(from 136.90), stop for short positions 139.                       

                                CURRENCY UPDATE

USDINR(dec)-              Negative below 69.55.

GBPINR(dec)-              Negative(from 95.50,oct), stop for short positions 90.40.

EURINR(dec)-              Sideways.

JPYINR(dec)-               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