STRATEGY FOR 22nd JANUARY 2020

                                                    EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 12000.
                                BANKNIFTY(SPOT) -      Negative below 30800.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  50 crores.

                                                                      Dii -  Net sellers - 307 crores.

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

RESULTS TODAY  -        Asianpaint, Aubank, Axisbank, Ceat, Creditacc, Lt, Raymond, Rblbank, 

                                             Sbilife, Syngene, Tatacomm.

RESULTS TOMORROW -   Biocon, Canbk, Cholafin, Dcal, Ghcl, Hdfclife, Orientbank, Pnbhousing, Pvr, Radico, 
                                                  Rnam, Zensartrch. 

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                Positive(from 2201), stop for long positions 2390.

   

MARUTI-            Positive(from 7525), stop for long positions 7200.

HDFCBANK -    Sideways.

DABUR   -          Positive(from 472), stop for long positions 468.

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(feb)-           Positive(from 40050), stop for long positions 39500.

SILVERM(feb)-        Negative(from 46200), stop for short positions 47100.

CRUDEOIL(feb)-     Negative(from 4100), stop for short positions 4260.

                                CURRENCY UPDATE

USDINR(jan)-         Positive above 71.35.

GBPINR(jan)-        Sideways.

EURINR(jan)-        Sideways.

JPYINR(jan)-        Negative (from 64.50), stop for short positions 65.30.

                                                                                                                                                                        

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