STRATEGY FOR 1st JULY 2019
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Positive(from 11900), stop for long position 11600.
BANKNIFTY(SPOT) - Positive(from 31250), stop for long positions 30200.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 513 crores.
TREND- in few major stocks.
MCX
MARKET TREND - NIFTY(SPOT) - Positive(from 11900), stop for long position 11600.
BANKNIFTY(SPOT) - Positive(from 31250), stop for long positions 30200.
Dii - Net buyers - 182 crores.
GLOBAL MARTS- US markets ended positive on friday.
TRADING IDEAS
POSITIONS OPEN
SHORT TERM- ZENSARTECH- Buy(02/05/2019)- 250, stop - 240, target - 290.
TREND- in few major stocks.
HDFC- Positive(from 2195), stop for long positions 2125.
MARUTI- Negative(from 6750), stop for short positions 6700.
HDFCBANK - Positive(from 2427), stop for long positions 2390.
DABUR - Negative(from 378), stop for short positions 405.
COMMODITY UPDATES
MCX
GOLDM(aug)- Positive(from 32650,jul), stop for long positions 33800.
SILVERM(aug)- Positive(from 37400,jun), stop for long positions 37800.
SILVERM(aug)- Positive(from 37400,jun), stop for long positions 37800.
CRUDEOILM(jul)- Positive(from 4080), stop for long positions 3900.
CURRENCY UPDATE
USDINR(jul)- Negative(from 69.40), stop for short positions 70.
GBPINR(jul)- Sideways.
EURINR(jun)- Sideways.
JPYINR(jul)- 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(jul)- Negative(from 69.40), stop for short positions 70.
GBPINR(jul)- Sideways.
EURINR(jun)- Sideways.
JPYINR(jul)- 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