STRATEGY FOR 16th DECEMBER

                                                EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 11700.
                                BANKNIFTY(SPOT) -    Positive(from 29100), stop for long positions 30800.

         INSTITUTIONAL ACTIVITY-    Fii -  Net buyers -  115 crores.

                                                                      Dii -    Net buyers - 384 crores.

GLOBAL MARKETS-         US markets ended positive on friday. 

DATA  -                  Inflation (12pm).

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                Positive(from 2201), stop for long positions 2270.

   

MARUTI-           Sideways.

HDFCBANK -    Sideways.

DABUR   -          Positive(from 472), stop for long positions 445.

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(jan)-           Sideways.

SILVERM(feb)-        Negative(from 43900,nov), stop for short positions 45000.

CRUDEOIL(jan)-     Positive above 4285.

                                CURRENCY UPDATE

USDINR(dec)-         Negative(from 71.25), stop for short positions 71.30

GBPINR(dec)-        Positive(from 93.10), stop for long positions 93.20.

EURINR(dec)-        Positive above 79.45.

JPYINR(dec)-        Negative below 64.50.

                                                                                                                                                                        

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