STRATEGY FOR 28th JANUARY 2020

                                                      EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 12000.
                                BANKNIFTY(SPOT) -      Negative(from 30800), stop for short positions 32100.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  438 crores.

                                                                      Dii -  Net buyers - 10 crores.

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

RESULTS TODAY  -       Centralbk, Centurytex, Cumminsind, Infibeam, M&mfin, Manappuram, Maruti, 

                                                  Mastek, Teamlease, Wonderla.

RESULTS TOMORROW -   Bajajfinserv, Bajfinance, Crompton, Dixon, Escorts, Godrejcp, Idfcfirst,

                                             Jublfood, Niittech, Nilkamal, Pidilite, Quess, Ramcocem, Tatapower, Trident. 

                                                            TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                Sideways.

   

MARUTI-            Sideways.

HDFCBANK -     Negative below 1200.

DABUR   -          Positive(from 472), stop for long positions 478.

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(feb)-           Positive(from 40050), stop for long positions 39700.

SILVERM(feb)-        Sideways.

CRUDEOIL(feb)-     Negative(from 4100), stop for short positions 4050.

                                CURRENCY UPDATE

USDINR(feb)-         Positive(from 71.35,jan), stop for long positions 71.25.

GBPINR(feb)-        Positive(from 93.35,jan), stop for long positions 93.

EURINR(feb)-        Negative below 78.95.

JPYINR(feb)-         Sideways,

                                                                                                                                                                        

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