STRATEGY FOR 1st APRIL 2019
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Positive(from 11030), stop for long positions 11300.
BANKNIFTY(SPOT) - Positive(from 27730), stop for long positions 29200.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 86 crores.
Dii - Net buyers - 1724 crores.
GLOBAL MARKETS- US markets ended positive on friday.
TRADING IDEAS
TREND- in few major stocks.
HDFC- Positive above 1976.
MARUTI- Negative(from 6630), stop for short positions 6900.
HDFCBANK - Positive(from 2180), stop for long positions 2240.
DABUR - Negative(from 408), stop for short positions 428.
COMMODITY UPDATES
MCX
GOLDM(apr)- Negative(from 32230), stop for short positions 32200.
SILVERM(mar)- Negative(from 38950), stop for short positions 38650.
CRUDEOILM(apr)- Positive(from 4070,mar), stop for long positions 3960.
CURRENCY UPDATE
USDINR(apr)- Negative(from 70.55,mar), stop for short positions 69.75.
GBPINR(apr)- Negative(from 90.80,mar), stop for short positions 92.30.
EURINR(apr)- Negative(from 79.70,mar), stop for short positions 79.10.
JPYINR(apr)- 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
USDINR(apr)- Negative(from 70.55,mar), stop for short positions 69.75.
GBPINR(apr)- Negative(from 90.80,mar), stop for short positions 92.30.
EURINR(apr)- Negative(from 79.70,mar), stop for short positions 79.10.
JPYINR(apr)- 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