STRATEGY FOR 14th JULY 2020

                                                EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -     Positive(from 9650), stop for long position 10100.
                              BANKNIFTY(SPOT) -   Positive(from 21400), stop for long position 20500.

         INSTITUTIONAL ACTIVITY-        Fii -   Net sellers -  1485 crores.

                                                                      Dii -    Net byers  - 221 crores

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

RESULTS TODAY  -       Centurytex, Deltacorp, Hindcopper, Mindtree, Wipro.    

RESULTS TOMORROW -      Bandhanbnk, Federalbnk, Lti.           

DATA    -                           Inflation (12pm).

              

                                                                          TRADING IDEAS 

SHORT TERM    -  BAJAJFINSV-  Bought(02/07/2020) 6250,  stop - 6080,  target - 6950.

  TREND-  in few major stocks.

HDFC-                Positive(from 1845), stop for long positions 1800. 

   

MARUTI-            Positive(from 5525), stop for long positions 5700.

HDFCBANK -     Positive (from 1051), stop for long positions 1050.

DABUR   -          Positive(from 471), stop for long positions 450.

                                                                                   

                                          COMMODITY UPDATES

                                                                      MCX

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

SILVERM(aug)-      Positive(from 50725), stop for long positions 49800. 

CRUDEOIL(jul)-     Positive(from 1975), stop for long positions 2790.

                                CURRENCY UPDATE

USDINR(jun)-       Negative(from 74.60), stop for short positions 75.55.

GBPINR(jun)-       Positive(from 94.50), stop for long positions 94.

EURINR(jul)-        Sideways. 

JPYINR(jul)-         Positive(from 70.05), stop for long positions 69.60.

                                                                                                                                                                        

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