STRATEGY FOR 3rd SEPTEMBER 2019

                                                EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Sideways.
                                  BANKNIFTY(SPOT) -   Negative(from 29100), stop for short positions 28300.

         INSTITUTIONAL ACTIVITY-    Fii -  Net buyers -  1162 crores.

                                                                        Dii - Net buyers - 1502 crores.

GLOBAL MARTS-         US market ended flat on friday. 

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-             Positive above 2185.

   

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

HDFCBANK -  Sideways.

DABUR   -       Positive(from 446), stop for long positions 425.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(oct)-              Positive(from 36020,sep), stop for long positions 37900.

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)-         Sideways.

EURINR(sep)-        Negative below 79.10.

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