STRATEGY FOR 1st JUNE 2020
EQUITY UPDATE
TRADING IDEAS
TREND- in few major stocks.
MARKET TREND - NIFTY(SPOT) - Positive(from 9650), stop for long position 8800.
BANKNIFTY(SPOT) - Negative(from 17400), stop for short positions 19500.
BANKNIFTY(SPOT) - Negative(from 17400), stop for short positions 19500.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 1460 crores.
Dii - Net buyers - 967 crores
GLOBAL MARKETS- US markets ended flat on friday.
RESULTS TODAY - Vguard.
RESULTS TOMORROW - Britannia, Granules, Indigo, Mothersumi.
TRADING IDEAS
TREND- in few major stocks.
HDFC- Sideways.
MARUTI- Positive(from 5525), stop for long positions 5100.
HDFCBANK - Sideways.
DABUR - Sideways.
COMMODITY UPDATES
MCX
GOLDM(jul)- Positive(from 46300,jun), stop for long positions 45600.
SILVERM(jun)- Positive(from 43900), stop for long positions 47100.
SILVERM(jun)- Positive(from 43900), stop for long positions 47100.
CRUDEOIL(jun)- Positive(from 1975), stop for long positions 2050.
CURRENCY UPDATE
USDINR(jun)- Negative(from 75.5,may), stop for short positions 76.45.
GBPINR(jun)- Positive above 93.70.
EURINR(jun)- Positive(from 83.40), stop for long positions 82.50.
JPYINR(jun)- Positive above 70.95.
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(jun)- Negative(from 75.5,may), stop for short positions 76.45.
GBPINR(jun)- Positive above 93.70.
EURINR(jun)- Positive(from 83.40), stop for long positions 82.50.
JPYINR(jun)- Positive above 70.95.
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