STRATEGY FOR 29th 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 buyers - 6  crores.

                                                                        Dii - Net buyers - 54 crores.

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

RESULTS TODAY  -       Bharti, Hindzinc, Petronet, Tatametaliks, Wonderla.

   

RESULTS TOMORROW  -  Concor, Creditacc, Indoco, Jktyre, Ptc, Quess, Ramcocem, Tatachem, 

                                             Tataglobal, Unitedbank. 

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

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

   

MARUTI-          Positive(from 7050), stop for long positions 7000.

HDFCBANK -  Sideways.

DABUR   -        Positive(from 449), stop for long positions 458.

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(dec)-          Sideways.

SILVERM(nov)-         Sideways.

CRUDEOIL(nov)-     Positive(from 4025), stop for long positions 3890.        

                                CURRENCY UPDATE

USDINR(nov)-         Sideways.

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

EURINR(nov)-        Sideways.

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