STRATEGY FOR 24th DECEMBER

                                                   EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 11850.
                                BANKNIFTY(SPOT) -    Positive(from 29100), stop for long positions 30900.

         INSTITUTIONAL ACTIVITY-    Fii -  Net buyers -  1463 crores.

                                                                      Dii -    Net sellers - 1947 crores.

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

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                Positive(from 2201), stop for long positions 2330.

   

MARUTI-          Positive above 7400.

HDFCBANK -    Positive(from 1280), stop for long positions 1240.

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

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(feb)-           Positive above 38500.

SILVERM(feb)-        Positive above 45750.

CRUDEOIL(jan)-     Positive(from 4285), stop for long positions 4200.

                                CURRENCY UPDATE

USDINR(jan)-         Negative(from 71.25,dec), stop for short positions 71.55.

GBPINR(jan)-        Negative(from 92.60, dec), stop for short positions 93.80.

EURINR(jan)-        Positive(from 79.45,dec), stop for long positions 79.05.

JPYINR(jan)-         Positive above 65.55.

                                                                                                                                                                        

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