STRATEGY FOR 28th FEBRUARY 2019
EQUITY UPDATE
MARKET TREND - NIFTY (SPOT) - Sideways.
BANKNIFTY(SPOT) - Negative(from 26800), stop for short positions
27200.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 423 crores.
Dii - Net buyers - 66 crores.
GLOBAL MARKETS- US markets trading flat at the time of writing.
DATA - GDP (5.30pm).
DATA - GDP (5.30pm).
TRADING IDEAS
TREND- in few major stocks.
HDFC- Negative(from 1840), stop for short positions 1905.
MARUTI- Negative(from 6974), stop for short positions 7150.
HDFCBANK - Positive above 2132.
DABUR - Sideways.
COMMODITY UPDATES
MCX
GOLDM(apr)- Positive(from 33310,mar), stop for long positions 33000.
SILVERM(mar)- Sideways.
CRUDEOILM(mar)- Positive(from 3530,jan), stop for long positions 3900.
CURRENCY UPDATE
USDINR(mar)- Sideways.
GBPINR(feb)- Positive(from 94.50), stop for long positions 93.
EURINR(mar)- Positive above 81.90.
JPYINR(mar)- Positive above 65.15.
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(mar)- Sideways.
GBPINR(feb)- Positive(from 94.50), stop for long positions 93.
EURINR(mar)- Positive above 81.90.
JPYINR(mar)- Positive above 65.15.
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