STRATEGY FOR 27th JULY 2020

                                                 EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -     Positive(from 9650), stop for long position 10500.
                              BANKNIFTY(SPOT) -   Positive(from 21400), stop for long position 21400.

         INSTITUTIONAL ACTIVITY-        Fii -   Net buyers -  409 crores.

                                                                      Dii -    Net sellers  - 1002 crores

GLOBAL MARKETS-         US markets ended negative on friday. 

RESULTS TODAY  -          Bel, Infratel, Escorts, Havells, Indiacem, Kotakbank, Marico,

                                                Nam-india, Pfizer, Techm, Vguard. 

RESULTS TOMORROW -   Castrol, Hexaware, Idbibank, Idfcfirst, Nestle, Niittech, Quess, Rblbank, 

                                             Ultrcemco, Welcorp. 

              

                                                                TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                 Positive(from 1905), stop for long positions 1745. 

   

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

HDFCBANK -     Sideways.

DABUR   -           Positive(from 471), stop for long positions 470.

                                                                                   

                                          COMMODITY UPDATES

                                                                      MCX

GOLDM(aug)-           Positive(from 47700,jul), stop for long positions 49500.

SILVERM(aug)-      Positive(from 50725), stop for long positions 54000. 

CRUDEOIL(aug)-     Positive(from 1975,july), stop for long positions 2925.

                                CURRENCY UPDATE

USDINR(aug)-       Negative(from 74.60,jul), stop for short positions 75.60.

GBPINR(aug)-       Sideways.

EURINR(aug)-        Positive(from 86.45,jul), stop for long positions 85.80.

JPYINR(aug)-         Positive above 80.70.

                                                                                                                                                                        

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