STRATEGY FOR 23rd MARCH 2020

                                                       EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Negative(from 11750), stop for short positions 9700.
                                BANKNIFTY(SPOT) -     Negative(from 30300), stop for short positions 24300.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  3345 crores.

                                                                      Dii -  Net buyers -  2431 crores.

GLOBAL MARKETS-         US markets ended negative on friday. 

                                                                       TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                  Negative(from 1590), stop for short positions 1880.

   

MARUTI-             Negative(from 6420), stop for short positions 5800.

HDFCBANK -      Negative(from 1210), stop for short positions 1000.

DABUR   -              Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(apr)-            Negative(from 40000), stop for short positions 42200.

SILVERM(apr)-         Negative(from 40500), stop for short positions 41500.

CRUDEOIL(apr)-    Negative(from 3500,mar), stop for short positions 2450.

                                CURRENCY UPDATE

USDINR(mar)-        Positive(from 72.30), stop for long positions 74.20.

GBPINR(mar)-        Negative(from 90), stop for short positions 90.30. 

EURINR(mar)-       Negative(from 82), stop for short positions 82.50.

JPYINR(mar)-        Negative(from 69), stop for short positions 69.75.

                                                                                                                                                                        

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