STRATEGY FOR 13th AUGUST 2019

                                                  EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Negative(from 11370), stop for short positions 11300.
                                  BANKNIFTY(SPOT) -   Negative(from 29100), stop for short positions 29000.

         INSTITUTIONAL ACTIVITY-    Fii -  Net buyers -  203 crores.

                                                                        Dii - Net buyers - 606 crores.

GLOBAL MARTS-         US market trading negative at the time of writing. 

RESULTS TODAY  -       Apollohospital, Bharatforge, Bosch, Coalindia, Drlalpathlabs, Glenmark, Godrejind, 

                                      Naukri, Ipcalab, Manappuramfinance, Nationaluminium, Nmdc, Ongc, Pfc, Relinfra, 

                                      Sunpharma.

RESULTS TOMORROW -  Grasim, Idbibank, Idfc, Jainirrigation, Jindalsteel, Knrconstruction, Relcap, 

                                            Sadbhav engineering, Wockpharma. 

DATA   -                    CPI(5.30pm).

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-              Sideways.

   

MARUTI-         Sideways.

HDFCBANK -  Sideways.

DABUR   -         Positive(from 437), stop for long position 418.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(sep)-              Positive(from 36020), stop for long positions 36800.

SILVERM(aug)-          Positive(from 2700), stop for long positions 42100.

CRUDEOILM(aug)-    Negative below 3590.        

                                CURRENCY UPDATE

USDINR(aug)-         Positive(from 69.15,jul), stop for long positions 70.20.

GBPINR(aug)-         Sideways.

EURINR(aug)-         Positive(from 79.45), stop for long positions 78.70.

JPYINR(aug)-         Positive(from 66.15), stop for long positions 66.
                                                                                                                                                                        

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