STRATEGY FOR 30th JUNE 2020
EQUITY UPDATE
TREND- in few major stocks.
MARKET TREND - NIFTY(SPOT) - Positive(from 9650), stop for long position 9500.
BANKNIFTY(SPOT) - Positive(from 21400), stop for long position 19400.
BANKNIFTY(SPOT) - Positive(from 21400), stop for long position 19400.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 1937 crores.
Dii - Net buyers - 1036 crores
GLOBAL MARKETS- US markets trading positive at the time of writing.
RESULTS TODAY - Cera, Dishtv, Godfrey, Ircon, Midhani, Nbcc, Ongc, Rites, Sail.
DATA - IIP(5pm).
TRADING IDEAS
TREND- in few major stocks.
HDFC- Positive(from 1845), stop for long positions 1690.
MARUTI- Positive(from 5525), stop for long positions 5300.
HDFCBANK - Positive (from 1051), stop for long positions 990.
DABUR - Positive above 471.
COMMODITY UPDATES
MCX
GOLDM(aug)- Positive(from 47700,jul), stop for long positions 46500.
SILVERM(aug)- Sideways.
SILVERM(aug)- Sideways.
CRUDEOIL(jul)- Positive(from 1975), stop for long positions 2600.
CURRENCY UPDATE
USDINR(jun)- Positive above 76.
GBPINR(jun)- Negative(from 94.20), stop for short positions 94.30.
EURINR(jul)- Sideways.
JPYINR(jul)- Positive(from 71.10,jun), stop for long positions 70.35.
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)- Positive above 76.
GBPINR(jun)- Negative(from 94.20), stop for short positions 94.30.
EURINR(jul)- Sideways.
JPYINR(jul)- Positive(from 71.10,jun), stop for long positions 70.35.
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