STRATEGY FOR 20th OCTOBER 2020

                                                          EQUITY UPDATE

MARKET TREND -  NIFTY(SPOT) -  Positive(from 11620), stop for long positions 11500.
                         BANKNIFTY(SPOT) -Positive(from 23000), stop for long positions 22500.

         INSTITUTIONAL ACTIVITY-        Fii -   Net buyers - 1656 crores.

                                                                  Dii -    Net sellers  - 1621 crores.

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

RESULTS TODAY-          Crisil, Granules, Hindunilvr, Hindzinc, Kajaria, Lti. 

RESULTS TOMORROW-      Bajfinance, Bajajfinsv, Colpal, Jktyre, Syngene, Ultracemco.     

           

                                                         TRADING IDEAS             

                                                        

  TREND-  in few major stocks.

HDFC-                Positive(from 1805), stop for long positions 1895.

   

MARUTI-            Positive(from 6960), stop for  long positions 6820.
 

HDFCBANK -     Positive(from 1160), stop for long positions 1145.

DABUR   -           Sideways.

                                                                                   

                                         COMMODITY UPDATES

                                                                   MCX

GOLDM(oct)-           Negative(from 50800), stop for short positions 51400.

SILVERM(nov)-        Negative(from 66300), stop for short positions 65000.

CRUDEOIL(oct)-      Sideways.

                                CURRENCY UPDATE

USDINR(oct)-      Sideways. 

GBPINR(oct)-      Sideways.

EURINR(oct)-       Negative(from 85.95), stop for short positions 86.80.

JPYINR(oct)-       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