STRATEGY FOR 17th OCTOBER 2019

                                                      EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive above 11490.
                                  BANKNIFTY(SPOT) -    Sideways.

         INSTITUTIONAL ACTIVITY-    Fii -  Net buyers -  686 crores.

                                                                        Dii - Net buyers - 1576  crores.

GLOBAL MARKETS-         US markets trading negative at the time of writing.   

RESULTS TODAY  -           Chennpetro, Cyient, Dhfl, Lti, Pvr, Tvsmotor, Zeel.    

RESULTS TOMORROW  -   Icicigi, L&tfh, Ltts, Reliance.

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-             Positive above 2060.

   

MARUTI-        Positive(from 7050), stop for long positions 6500.

HDFCBANK -  Sideways.

DABUR   -         Positive(from 449), stop for long positions 435.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(nov)-          Sideways.

SILVERM(nov)-         Sideways.

CRUDEOIL(oct)-      Negative(from 3860), stop for short positions 3920.        

                                CURRENCY UPDATE

USDINR(oct)-         Positive(from 71.75), stop for long positions 70.85.

GBPINR(oct)-         Positive(from 90.85), stop for long positions 89.70.

EURINR(oct)-        Positive(from 78.60), stop for long positions 78.10.

JPYINR(oct)-        Negative(from 65.60), stop for short positions 66.50.

                                                                                                                                                                        

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