STRATEGY FOR 1st NOVEMBER 2019
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Positive(from 11490), stop for long positions 11400.
BANKNIFTY(SPOT) - Positive(from 29100), stop for long positions 28800.
RESULTS TODAY - Bankindia, Centralbk, Drreddy, Yesbank.
TREND- in few major stocks.
Silverm(nov)- Buy above - 47100. stop - 45500, target - 49200.
MCX
MARKET TREND - NIFTY(SPOT) - Positive(from 11490), stop for long positions 11400.
BANKNIFTY(SPOT) - Positive(from 29100), stop for long positions 28800.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 1870 crores.
Dii - Net sellers - 650 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
RESULTS TOMORROW - Beml, Escorts, Unichemlab.
TRADING IDEAS
TREND- in few major stocks.
HDFC- Sideways.
MARUTI- Positive(from 7050), stop for long positions 7180.
HDFCBANK - Sideways.
DABUR - Sideways.
COMMODITY UPDATES
TRADING IDEAS
Silverm(nov)- Buy above - 47100. stop - 45500, target - 49200.
MCX
GOLDM(dec)- Positive above 38625.
SILVERM(nov)- Positive above 47100.
SILVERM(nov)- Positive above 47100.
CRUDEOIL(nov)- Sideways.
CURRENCY UPDATE
USDINR(nov)- Sideways.
GBPINR(nov)- Positive(from 90.85,oct), stop for long positions 90.90.
EURINR(nov)- Positive above 79.75.
JPYINR(nov)- Negative(from 65.60,oct), stop for short 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
USDINR(nov)- Sideways.
GBPINR(nov)- Positive(from 90.85,oct), stop for long positions 90.90.
EURINR(nov)- Positive above 79.75.
JPYINR(nov)- Negative(from 65.60,oct), stop for short 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