STRATEGY FOR 3rd DECEMBER

                                                   EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 11700.
                                BANKNIFTY(SPOT) -    Positive(from 29100), stop for long positions 30700.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  1731 crores.

                                                                           Dii -    Net buyers - 953 crores.

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

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                Positive(from 2201), stop for long positions 2240.

   

MARUTI-            Positive above 7330.

HDFCBANK -    Positive(from 1275), stop for long positions 1245.

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

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(jan)-           Negative(from 37500,dec), stop for short positions 38300.

SILVERM(feb)-        Negative(from 43900,nov), stop for short positions 45900.

CRUDEOIL(dec)-     Sideways.

                                CURRENCY UPDATE

USDINR(dec)-         Positive above 72.10. 

GBPINR(dec)-        Positive above 93.10.

EURINR(dec)-         Sideways.

JPYINR(dec)-          Negative(from 65.85), 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