STRATEGY FOR 30th APRIL 2019
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Positive(from 11030), stop for long positions 11500.
BANKNIFTY(SPOT) - Sideways.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 70 crores.
Dii - Net buyers - 920 crores.
GLOBAL MARKETS- US markets trading flat at the time of writing.
RESULTS TODAY - Ajantpharm, Ambujacem, Canfinhome, Concor, Exideind, Godrejprop, Gruh, Indhotel,
Kotakbank, Raymond, Tvsmotor, Zensartech.
RESULTS TOMORROW - Britannia, Gujgas.
TRADING IDEAS
POSITIONS OPEN
POSTIONAL - PVR - Buy(24/04/2019) - 1723, stop - 1650, target - 1825.
SHORT TERM - VINATI ORGANICS - Buy(18/04/2019) - 1770, stop(revised) - 1650, target - 1825.
TREND- in few major stocks.
HDFC- Sideways.
MARUTI- Negative(from 6850), stop for short positions 7250.
HDFCBANK - Sideways.
DABUR - Negative(from 408), stop for short positions 408.
COMMODITY UPDATES
MCX
GOLDM(jun)- sideways.
SILVERM(jun)- Negative(from 38950,apr), stop for short positions 38400.
CRUDEOILM(my)- Positive(from 4070,mar), stop for long positions 4350.
CURRENCY UPDATE
USDINR(may)- Positive(from 70.28), stop for long positions 69.50.
GBPINR(may)- Negative(from 90.80,mar), stop for short positions 91.25.
EURINR(may)- Positive above 78.85.
JPYINR(may)- Positive(from 63), stop for long positions 62.40.
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(may)- Positive(from 70.28), stop for long positions 69.50.
GBPINR(may)- Negative(from 90.80,mar), stop for short positions 91.25.
EURINR(may)- Positive above 78.85.
JPYINR(may)- Positive(from 63), stop for long positions 62.40.
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