STRATEGY FOR 23rd AUGUST 2019

                                                      EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Negative(from 11370), stop for short positions 11200.
                                  BANKNIFTY(SPOT) -   Negative(from 29100), stop for short positions 28700.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  902 crores.

                                                                        Dii - Net buyers - 1719 crores.

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

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-             Negative(from 2070), stop for short positions 2080.

   

MARUTI-         Positive(from 6255), stop for long positions 5900.

HDFCBANK -  Sideways.

DABUR   -         Positive(from 437), stop for long position 421.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

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

SILVERM(aug)-           Positive above 45700.

CRUDEOILM(sep)-     Positive above 4100.        

                                CURRENCY UPDATE

USDINR(aug)-         Positive(from 69.15,jul), stop for long positions 71.

GBPINR(aug)-         Positive(from 86.90), stop for long positions 85.50.

EURINR(aug)-         Sideways.

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