STRATEGY FOR 31st JULY 2020

                                                           EQUITY UPDATE

MARKET TREND -      NIFTY(SPOT) -     Positive(from 9650), stop for long position 10600.
                              BANKNIFTY(SPOT) -   Positive(from 21400), stop for long position 21400.

         INSTITUTIONAL ACTIVITY-        Fii -   Net buyers -  207 crores.

                                                                      Dii -    Net sellers  - 387 crores.

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

RESULTS TODAY  -            Lalpathlab, Godrejagro, Ioc, Justdial, Sbin, Sunpharma,                                                                       Tatachem, Tatamotors, Thyrocare, Ucobank, Ujjivansfb, Upl.            

RESULTS TOMORROW -   Creditaccess, Relaxo, Vinatiorga. 

                                                                TRADING IDEAS 

  TREND-  in few major stocks.

HDFC-                 Positive(from 1905), stop for long positions 1775. 

   

MARUTI-             Positive(from 5525), stop for long positions 6100.

HDFCBANK -     Sideways.

DABUR   -           Positive(from 495), stop for long positions 460.

                                                                                   

                                          COMMODITY UPDATES

                                                                      MCX

GOLDM(sep)-           Positive(from 47700,jul), stop for long positions 51200.

SILVERM(aug)-      Positive(from 50725), stop for long positions 60000. 

CRUDEOIL(aug)-    Sideways.

                                CURRENCY UPDATE

USDINR(aug)-       Negative(from 74.60,jul), stop for short positions 75.40.

GBPINR(aug)-       Positive(from 96.60), stop for long positions 96.

EURINR(aug)-        Positive(from 86.45,jul), stop for long positions 87.40.

JPYINR(aug)-         Positive(from 70.80), stop for long positions 70.70.

                                                                                                                                                                        

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