Monday, 2 March 2020

STRATEGY FOR 3rd MARCH 2020

                                                            EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Negative(from 11750), stop for short positions 11800.
                                BANKNIFTY(SPOT) -     Negative(from 30300), stop for short positions 30600.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  1354 crores.

                                                                      Dii -  Net buyers -  1138 crores.

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


                                                                       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)-        Sideways.

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




                                CURRENCY UPDATE



USDINR(feb)-        Positive(from 72.30), stop for long positions 71.90. 

GBPINR(feb)-       Sideways.

EURINR(feb)-        Positive(from 78.60), stop for long positions 79.50.

JPYINR(feb)-         Positive(from 66.85), stop for long positions 66.50.
                                                                                                                                                                        
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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