STRATEGY FOR 1st AUGUST 2019
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Negative(from 11370), stop for short positions 11450.
BANKNIFTY(SPOT) - Negative(from 29100), stop for short positions 30200.
RESULTS TODAY - Bharti, Ceat, Cera, Dalbharat, Godrejcp, Icra, Jktyre, Marico, Raymond, Tatapower.
TREND- in few major stocks.
MCX
MARKET TREND - NIFTY(SPOT) - Negative(from 11370), stop for short positions 11450.
BANKNIFTY(SPOT) - Negative(from 29100), stop for short positions 30200.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 1497 crores.
Dii - Net buyers - 2479 crores.
GLOBAL MARTS- US markets trading flat at the time of writing.
RESULTS TODAY - Bharti, Ceat, Cera, Dalbharat, Godrejcp, Icra, Jktyre, Marico, Raymond, Tatapower.
RESULTS TOMORROW - Andhrabank, Bata, Beml, Equitas, Exide, Godrejagro, Gspl, Hdfc, Hudco,
Itc, Nestle, Powergrid, Sbin, Somany, Tatacomm, Ujjivan, Unionbank,
TRADING IDEAS
TREND- in few major stocks.
HDFC- Negative(from 2125), stop for short positions 2195.
MARUTI- Negative(from 6750), stop for short positions 5900.
HDFCBANK - Negative(from 2349), stop for short positions 2300.
DABUR - Sideways.
COMMODITY UPDATES
MCX
GOLDM(sep)- Positive(from 34850), stop for long positions 34800.
SILVERM(aug)- Positive(from 38250), stop for long positions 40750.
SILVERM(aug)- Positive(from 38250), stop for long positions 40750.
CRUDEOILM(aug)- Positive(from 4010), stop for long positions 3820.
CURRENCY UPDATE
USDINR(aug)- Positive(from 69.15,jul), stop for long positions 68.70.
GBPINR(aug)- Negative(from 84.35), stop for short positions 85.60.
EURINR(aug)- Negative(from 78,jul), stop for short positions 77.60.
JPYINR(aug)- 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(aug)- Positive(from 69.15,jul), stop for long positions 68.70.
GBPINR(aug)- Negative(from 84.35), stop for short positions 85.60.
EURINR(aug)- Negative(from 78,jul), stop for short positions 77.60.
JPYINR(aug)- 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