STRATEGY FOR 28th FEBRUARY 2020
EQUITY UPDATE
TREND- in few major stocks.
MARKET TREND - NIFTY(SPOT) - Negative(from 11750), stop for short positions 12050.
BANKNIFTY(SPOT) - Negative(from 30300), stop for short positions 31400.
BANKNIFTY(SPOT) - Negative(from 30300), stop for short positions 31400.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 3127 crores.
Dii - Net buyers - 3497 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
DATA - IIP, GDP (05.30pm).
TRADING IDEAS
SHORT TERM - RECLTD- Bought(07/02/2020), -153.60, stop hit(27/02/2020,revised/dividend) - 129.
TREND- in few major stocks.
HDFC- Negative(from 2270), stop for short positions 2370.
MARUTI- Negative(from 6420), stop for short positions 6730.
HDFCBANK - Negative(from 1210), stop for short positions 1240.
DABUR - Sideways.
COMMODITY UPDATES
TRADING IDEAS
MCX
GOLDM(apr)- Positive(from 41000,mar), stop for long positions 41700.
SILVERM(apr)- Sideways.
SILVERM(apr)- Sideways.
CRUDEOIL(mar)- Negative(from 3500), stop for short positions 3760.
CURRENCY UPDATE
USDINR(feb)- Positive(from 72.30), stop for long positions 71.50.
GBPINR(feb)- Sideways.
EURINR(feb)- Positive(from 78.60), stop for long positions 77.90.
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
USDINR(feb)- Positive(from 72.30), stop for long positions 71.50.
GBPINR(feb)- Sideways.
GBPINR(feb)- Sideways.
EURINR(feb)- Positive(from 78.60), stop for long positions 77.90.
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