STRATEGY FOR 28th 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 sellers -  453 crores.

                                                                      Dii -    Net sellers  - 977 crores

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

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

                                             Ultrcemco, Welcorp.    

RESULTS TOMORROW -   Bharti, Ceat, Chambal, Colpal, Dr reddy, Glaxo, Indigo, Manappuram, Maruti, 

                                             Rvnl, Tvsmotor. 

              

                                                                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   -           Sideways.

                                                                                   

                                          COMMODITY UPDATES

                                                                      MCX

GOLDM(aug)-           Positive(from 47700,jul), stop for long positions 49900.

SILVERM(aug)-      Positive(from 50725), stop for long positions 57500. 

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)-       Positive above 96.60.

EURINR(aug)-        Positive(from 86.45,jul), stop for long positions 86.50

JPYINR(aug)-         Positive(from 70.80), stop for long positions 70.10.

                                                                                                                                                                        

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