Wednesday, 4 March 2020

STRATEGY FOR 5th MARCH 2020

                                                            EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -       Negative(from 11750), stop for short positions 11700.
                                BANKNIFTY(SPOT) -     Negative(from 30300), stop for short positions 30300.

         INSTITUTIONAL ACTIVITY-    Fii -  Net sellers -  878 crores.

                                                                      Dii -  Net buyers -  764 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 2275.
   
MARUTI-             Negative(from 6420), stop for short positions 6630.

HDFCBANK -     Negative(from 1210), stop for short positions 1195.

DABUR   -            Sideways.

                      

                                         

                                          COMMODITY UPDATES


                                           TRADING IDEAS 

                                                                      MCX

GOLDM(apr)-           Positive above 43800.

SILVERM(apr)-         Positive above 47100.

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




                                CURRENCY UPDATE



USDINR(feb)-        Positive(from 72.30), stop for long positions 72.40.

GBPINR(feb)-       Positive(from 94.20), stop for long positions 92.40.

EURINR(feb)-        Positive(from 78.60), stop for long positions 80.50.

JPYINR(feb)-         Positive(from 66.85), stop for long positions 67.20.
                                                                                                                                                                        
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

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home