STRATEGY FOR 1st JULY 2020

                                                          EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -     Positive(from 9650), stop for long position 9600.
                              BANKNIFTY(SPOT) -   Positive(from 21400), stop for long position 19800.

         INSTITUTIONAL ACTIVITY-        Fii -   Net sellers -  2000 crores.

                                                                      Dii -    Net buyers  - 2051 crores

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

                                                           TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                Positive(from 1845), stop for long positions 1690. 

   

MARUTI-            Positive(from 5525), stop for long positions 5500.

HDFCBANK -     Positive (from 1051), stop for long positions 990.

DABUR   -          Positive(from 471), stop for long positions 448.

                                                                                   

                                          COMMODITY UPDATES

                                                                      MCX

GOLDM(aug)-           Positive(from 47700,jul), stop for long positions 47200.

SILVERM(aug)-      Positive above 50725. 

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 94.10.

EURINR(jul)-        Sideways.

JPYINR(jul)-         Sideways.

                                                                                                                                                                        

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