STRATEGY FOR 28th 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 -  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.

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