Tuesday, 24 March 2020

STRATEGY FOR 25th MARCH 2020

                                                           EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Negative(from 11750), stop for short positions 9300.
                                BANKNIFTY(SPOT) -     Negative(from 30300), stop for short positions 22700.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  2153 crores.

                                                                      Dii -  Net buyers -  1553 crores.

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

                                                                       TRADING IDEAS 


  TREND-  in few major stocks.


HDFC-                  Negative(from 1590), stop for short positions 1800.
   
MARUTI-             Negative(from 6420), stop for short positions 5400.

HDFCBANK -      Negative(from 1210), stop for short positions 950.

DABUR   -              Sideways.

                      

                                         

                                          COMMODITY UPDATES


                                           TRADING IDEAS 

                                                                      MCX

GOLDM(may)-            Negative(from 40000), stop for short positions 42700.

SILVERM(apr)-          Sideways.

CRUDEOIL(apr)-    Negative(from 3500,mar), stop for short positions 2325.




                                CURRENCY UPDATE



USDINR(apr)-        Positive(from 72.30,mar), stop for long positions 76.

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

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