STRATEGY FOR 3rd DECEMBER 2018

                                                      EQUITY UPDATE

MARKET TREND - NIFTY (SPOT) -     Positive(from 10680), stop for long positions 10550.
                    BANKNIFTY(SPOT) -        Positive(from 26100), stop for long positions 26000. 

                  INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  332 crores.

                                                                     Dii - Net buyers -  1489 crores.

GLOBAL MARKETS-         US markets ended positive on friday.

                                                            TRADING IDEAS 

   

                                                              POSITONS OPEN 

POSITIONAL-     MARUTI  -   Buy(16/11/2018) - 7520,   stop -  7300,    target -  7850.

  TREND-  in few major stocks.

HDFC-              Positive(from 1852), stop for long  positions 1900.
  

YESBANK-       Negative(from 187), stop for short positions 195.

   

MARUTI-          Positive(from 7425), stop for long positions  7300.

HDFCBANK -   Positive(from 1980), stop for long positions 2035.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(jan)-            Negative(from 30900), stop for short positions 30800.

SILVERMIC(feb)-     Negative(from 36550,nov), stop for short positions 37400

COPPERM(feb) -       Negative below 430.

NICKELM(dec)-          Negative(from 860,oct), stop for short positions 800.

                                                   
ZINCMINI(dec)-         Negative(from 177,nov), stop for short positions 185.

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

NATURALGAS(dec)-  sideways.

LEADMINI(dec)-         Negative(from 144.25,nov), stop for short positions 141.

ALUMINI(dec)-            Negative(from 149,oct), stop for short positions 141.                        

                                CURRENCY UPDATE

USDINR(dec)-              Negative(from 72.50,nov), stop for short positions 71.

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

EURINR(dec)-               Negative(from 84.oct), stop for short positions 81.
 

JPYINR(dec)-               Negative(from 65.20,oct), stop for short positions 63.10.

                                                                                                                                                                        

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