STRATEGY FOR 8th NOVEMBER 2019

                                                        EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 11600.
                                BANKNIFTY(SPOT) -    Positive(from 29100), stop for long positions 29300.

         INSTITUTIONAL ACTIVITY-    Fii -  Net buyers -  926  crores.

                                                                           Dii -    Net sellers - 635 crores.

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

RESULTS TODAY  -     Albk, Ashokley, Bankbaroda, Bharatforg, Centurytex,chambalfert, 

                                             Crisil, Eichermot, Equitas, Gail, Gspl, Idbi, Idfc, Kec, Lalpathlab, M&m,

                                             Mrf, Nestleind, Sobha, Tatacomm, Tatapower.

RESULTS TOMORROW  -  Amarajabat, Ntpc, Oil, Vrllog. 

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                Positive(from 2201), stop for long positions 2125.

   

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

HDFCBANK -    Positive above 1275.

DABUR   -          Positive(from 485), stop for long positions 454.

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(dec)-           Negative below 37500.

SILVERM(nov)-        Negative below 43900.

CRUDEOIL(nov)-     Positive(from 4090), stop for long positions 3925.        

                                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.

                                                                                                                                                                        

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