STRATEGY FOR 2nd MARCH 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 -  1428 crores.

                                                                      Dii -  Net buyers -  7621 crores.

GLOBAL MARKETS-         US markets ended negative on friday. 

                                                                       TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                  Negative(from 2270), stop for short positions 2295.

   

MARUTI-             Negative(from 6420), stop for short positions 6670.

HDFCBANK -     Negative(from 1210), stop for short positions 1220.

DABUR   -          Sideways.

                      

                                         

                                          COMMODITY UPDATES

                                           TRADING IDEAS 

                                                                      MCX

GOLDM(apr)-          Sideways.

SILVERM(apr)-        Negative below 43900.

CRUDEOIL(mar)-    Negative(from 3500), stop for short positions 3650.

                                CURRENCY UPDATE

USDINR(feb)-        Positive(from 72.30), stop for long positions 71.70. 

GBPINR(feb)-       Positive above 93.75.

EURINR(feb)-        Positive(from 78.60), stop for long positions 78.40.

JPYINR(feb)-         Positive above 66.85.

                                                                                                                                                                        

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