STRATEGY FOR 30th AUGUST 2019
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Sideways.
BANKNIFTY(SPOT) - Negative(from 29100), stop for short positions 28300.
TREND- in few major stocks.
MCX
MARKET TREND - NIFTY(SPOT) - Sideways.
BANKNIFTY(SPOT) - Negative(from 29100), stop for short positions 28300.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 986 crores.
Dii - Net buyers - 489 crores.
GLOBAL MARTS- US market trading positive at the time of writing.
TRADING IDEAS
TREND- in few major stocks.
HDFC- Sideways.
MARUTI- Positive(from 6255), stop for long positions 5900.
HDFCBANK - Sideways.
DABUR - Positive above 446.
COMMODITY UPDATES
MCX
GOLDM(sep)- Positive(from 36020), stop for long positions 37500.
SILVERM(nov)- Positive(from 45700,aug), stop for long positions 46200.
SILVERM(nov)- Positive(from 45700,aug), stop for long positions 46200.
CRUDEOILM(sep)- Sideways.
CURRENCY UPDATE
USDINR(sep)- Positive(from 69.15,jul), stop for long positions 71.50.
GBPINR(sep)- Positive(from 86.90,aug), stop for long positions 87.20.
EURINR(sep)- Sideways.
JPYINR(sep)- Positive(from 66.15,aug), stop for long positions 67.30
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(sep)- Positive(from 69.15,jul), stop for long positions 71.50.
GBPINR(sep)- Positive(from 86.90,aug), stop for long positions 87.20.
EURINR(sep)- Sideways.
JPYINR(sep)- Positive(from 66.15,aug), stop for long positions 67.30
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