STRATEGY FOR 30th APRIL 2020
EQUITY UPDATE
TRADING IDEAS
TREND- in few major stocks.
MARKET TREND - NIFTY(SPOT) - Positive above 9650.
BANKNIFTY(SPOT) - Negative(from 30300), stop for short positions 21600.
BANKNIFTY(SPOT) - Negative(from 30300), stop for short positions 21600.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 722 crores.
Dii - Net buyers - 78 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
RESULTS TODAY - Hindunilvr, Reliance, Techm.
RESULTS TODAY - Hindunilvr, Reliance, Techm.
TRADING IDEAS
SHORT TERM- Hindalco- Buy above - 118, stop - 101, target - 138.
TREND- in few major stocks.
HDFC- Positive above 1860.
MARUTI- Positive(from 5400), stop for long positions 4750.
HDFCBANK - Positive(from 965), stop for long positions 900.
DABUR - Positive(from 510), stop for long positions 475.
COMMODITY UPDATES
MCX
GOLDM(jun)- Positive(from 46800,may), stop for long positions 45000.
SILVERM(jun)- Sideways.
SILVERM(jun)- Sideways.
CRUDEOIL(may)- Negative(from 1950), stop for short positions 1450.
CURRENCY UPDATE
USDINR(may)- Negative below 75.70.
GBPINR(may)- Negative below 93.95.
EURINR(may)- Negative below 82.20.
JPYINR(may)- Positive(from 70.90), stop for long positions 70.55.
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
USDINR(may)- Negative below 75.70.
GBPINR(may)- Negative below 93.95.
EURINR(may)- Negative below 82.20.
JPYINR(may)- Positive(from 70.90), stop for long positions 70.55.
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