Thursday, 24 October 2019

STRATEGY FOR 25th OCTOBER 2019

                                                    EQUITY UPDATE


MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 11300.
                                BANKNIFTY(SPOT) -   Positive(from 29100), stop for long positions 28200.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers - 72  crores.

                                                                        Dii - Net sellers - 738 crores.

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

RESULTS TODAY  -       Aavas, Hdfcamc, Jubilant, Marico, Sbin, Star, Tatamotors.
   
RESULTS TOMORROW  -  Icicibank, Pfizer.


                                                            TRADING IDEAS 


  TREND-  in few major stocks.

HDFC-             Positive(from 2060), stop for long positions 2085.
   
MARUTI-          Positive(from 7050), stop for long positions 6900.

HDFCBANK -  Sideways.

DABUR   -        Positive(from 449), stop for long positions 450.

                      

                                         

                                          COMMODITY UPDATES


                                                                     MCX

GOLDM(dec)-          Sideways.

SILVERM(nov)-         Sideways.

CRUDEOIL(nov)-     Positive above 4025.        




                                CURRENCY UPDATE



USDINR(nov)-         Sideways.

GBPINR(nov)-         Positive(from 90.85,oct), stop for long positions 90.90.

EURINR(nov)-        Positive(from 78.60,oct), stop for long positions 79.

JPYINR(nov)-        Negative(from 65.60,oct), stop for short positions 66.15.
                                                                                                                                                                        
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

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