STRATEGY FOR 2nd JANUARY 2020

                                                   EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -        Positive(from 11490), stop for long positions 11900.
                                BANKNIFTY(SPOT) -    Positive(from 29100), stop for long positions 31200.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  58 crores.

                                                                      Dii -  Net buyers - 208 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 2350.

   

MARUTI-           Positive(from 7400), stop for long positions 7100.

HDFCBANK -    Positive(from 1280), stop for long positions 1250.

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

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(feb)-           Positive(from 38500), stop for long positions 38500.

SILVERM(feb)-        Positive(from 45750), stop for long positions 45600.

CRUDEOIL(jan)-     Positive(from 4285), stop for long positions 4300.

                                CURRENCY UPDATE

USDINR(jan)-        Positive above 71.65.

GBPINR(jan)-        Positive(from 94.50), stop for long positions 93.65.

EURINR(jan)-        Positive(from 79.45,dec), stop for long positions 79.60.

JPYINR(jan)-         Positive(from 65.55), stop for long positions 65.40.

                                                                                                                                                                        

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