STRATEGY FOR 16th 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 -  1614 crores.

                                                                        Dii - Net buyers - 1619 crores.

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

                                                            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)-          Sideways.

CRUDEOILM(aug)-   Sideways.        

                                CURRENCY UPDATE

USDINR(aug)-         Positive(from 69.15,jul), stop for long positions 70.50.

GBPINR(aug)-         Sideways.

EURINR(aug)-         Positive(from 79.45), stop for long positions 79.

JPYINR(aug)-         Positive(from 66.15), stop for long positions 66.60
                                                                                                                                                                        

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