STRATEGY FOR 15th JANUARY 2021

                                                         EQUITY UPDATE

MARKET TREND -  NIFTY(SPOT) -  Positive(from 11620), stop for long positions 13500.
                       BANKNIFTY(SPOT) -  Positive(from 23000), stop for long positions 29800.

         INSTITUTIONAL ACTIVITY-        Fii -   Net buyers - 1076 crores.

                                                               Dii -   Net sellers  - 188 crores.

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

RESULTS TODAY  -            Gail, Hcltech, L&tfh, Pvr.           

RESULTS TOMORROW-           Hdfcbank.         

  

                                                                                                                                            

                                                         TRADING IDEAS

  TREND-  in few major stocks.

HDFC-                Positive(from 2330), stop for long positions 2550.

   

MARUTI-            Positive(from 8080), stop for long positions 7540.

HDFCBANK -    Positive(from 1470), stop for long positions 1370.

DABUR   -          Positive(from 535), stop for long positions 519.

                                                                                   

                                         COMMODITY UPDATES

                                                                   MCX

GOLDM(feb)-       Sideways.

SILVERM(feb)-     Sideways.

CRUDEOIL(jan)-     Positive(from 3100,dec), stop for long positions 3700.

                                CURRENCY UPDATE

USDINR(jan)-     Negative(from 73.60), stop for short positions 73.70.

GBPINR(jan)-    Sideways. 

EURINR(jan)-     Negative(from 89.35), stop for short positions 89.80..

JPYINR(jan)-     Negative(from 71.05), stop for short positions 70.90.

                                                                                                                 

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