STRATEGY FOR 7th JANUARY 2020

                                               EQUITY UPDATE

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

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  103 crores.

                                                                      Dii -  Net sellers - 23 crores.

GLOBAL MARKETS-         US markets trading flat 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 -    Sideways..

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

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(feb)-           Positive(from 38500), stop for long positions 39400.

SILVERM(feb)-        Positive(from 45750), stop for long positions 46600.

CRUDEOIL(jan)-     Positive(from 4285), stop for long positions 4360.

                                CURRENCY UPDATE

USDINR(jan)-        Positive(from 71.65), stop for long positions  71.35.

GBPINR(jan)-        Positive(from 94.50), stop for long positions 93.70.

EURINR(jan)-        Positive(from 79.45,dec), stop for long positions 79.90.

JPYINR(jan)-         Positive(from 65.55), stop for long positions 65.70.

                                                                                                                                                                        

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