STRATEGY FOR 30th DECEMBER 2020

                                                      EQUITY UPDATE

MARKET TREND -  NIFTY(SPOT) -  Positive(from 11620), stop for long positions 13100.
                         BANKNIFTY(SPOT) -Positive(from 23000), stop for long positions 28800.

         INSTITUTIONAL ACTIVITY-        Fii -   Net buyers - 2349 crores.

                                                               Dii -   Net sellers  - 2010 crores.

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

                                                                                                                                            

                                                         TRADING IDEAS

  TREND-  in few major stocks.

HDFC-                Positive(from 2330), stop for long positions 2350.

   

MARUTI-            Sideways.

HDFCBANK -     Sideways.

DABUR   -           Positive above 535.

                                                                                   

                                         COMMODITY UPDATES

                                                                   MCX

GOLDM(jan)-       Positive(from 50500), stop for long positions 48700.

SILVERM(feb)-     Positive(from 65000), stop for long positions 64600.

CRUDEOIL(jan)-      Positive(from 3100,dec), stop for long positions 3330.

                                CURRENCY UPDATE

USDINR(jan)-     Negative(from 73.60), stop for short positions 74.25.

GBPINR(jan)-     Sideways.

EURINR(jan)-     Positive(from 87.65,nov), stop for long positions 89.65.

JPYINR(jan)-     Negative(from 71.05), stop for short positions 71.45.

                                                                                                                  

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