STRATEGY FOR 30th OCTOBER 2019

                                                    EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 11400.
                                BANKNIFTY(SPOT) -   Positive(from 29100), stop for long positions 28400.

         INSTITUTIONAL ACTIVITY-    Fii -  Net buyers - 876  crores.

                                                                        Dii - Net buyers - 144 crores.

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

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

                                             Tataglobal, Unitedbank. 

   

RESULTS TOMORROW  -  Ioc, Jindalsaw, Syndibank. 

DATA  -        US FED interest rate decision(11.30pm). 

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-              Sideways.

   

MARUTI-          Positive(from 7050), stop for long positions 7180.

HDFCBANK -  Sideways.

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

                      

                                         

                                          COMMODITY UPDATES

                                                                     MCX

GOLDM(dec)-          Sideways.

SILVERM(nov)-         Sideways.

CRUDEOIL(nov)-     Sideways.        

                                CURRENCY UPDATE

USDINR(nov)-         Negative below 70.75.

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

EURINR(nov)-        Negative below 78.65.

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