Wednesday, 26 February 2020

STRATEGY FOR 27th FEBRUARY 2020

                                                    EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Negative(from 11750), stop for short positions 12050.
                                BANKNIFTY(SPOT) -     Negative(from 30300), stop for short positions 31400.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  3336 crores.

                                                                      Dii -  Net buyers -  2785 crores.

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

                                                                       TRADING IDEAS 

SHORT TERM     -     RECLTD-  Bought(07/02/2020), - 153.60, stop(revised/dividend) - 129,   target - 159.


  TREND-  in few major stocks.


HDFC-                  Negative(from 2270), stop for short positions 2390.
   
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.

CRUDEOIL(mar)-    Negative below 3500.




                                CURRENCY UPDATE



USDINR(feb)-        Positive(from 72.30), stop for long positions 71.50. 

GBPINR(feb)-        Positive above 93.75.

EURINR(feb)-        Positive above 78.60.

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

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