STRATEGY FOR 31st MAY 2019
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Positive above 12000.
BANKNIFTY(SPOT) - Positive(from 31330), stop for long positions 30250.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 1664 crores.
Dii - Net sellers - 1122 crores.
GLOBAL MARTS- US markets trading flat at the time of writing.
TRADING IDEAS
POSITIONS OPEN
SHORT TERM- ZENSARTECH- Buy(02/05/2019)- 250, stop - 220, target - 290.
TREND- in few major stocks.
HDFC- Positive above 2195.
MARUTI- Sideways.
HDFCBANK - Positive(from 2427), stop for long positions 2330.
DABUR - Sideways.
COMMODITY UPDATES
MCX
GOLDM(jul)- Negative(from 31375,jun) stop for short positions 32200.
SILVERM(jun)- Negative(from 38950,apr), stop for short positions 36900.
SILVERM(jun)- Negative(from 38950,apr), stop for short positions 36900.
CRUDEOILM(jun)- negative(from 4000), stop for short positions 4290.
CURRENCY UPDATE
USDINR(jun)- Sideways.
GBPINR(jun)- Negative(from 89.85,may), stop for short positions 89.50.
EURINR(jun)- Negative(from 78.55,may), stop for short positions 78.80.
JPYINR(jun)- 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(jun)- Sideways.
GBPINR(jun)- Negative(from 89.85,may), stop for short positions 89.50.
EURINR(jun)- Negative(from 78.55,may), stop for short positions 78.80.
JPYINR(jun)- 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