EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Negative below 14120.
BANKNIFTY(SPOT) - Negative below 30100.
INSTITUTIONAL ACTIVITY- Fii - Net sellers - 1111 crores.
Dii - Net buyers - 1022 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
RESULTS TODAY - Abb, Axisbank, Bajfinance, Britannia, Hdfcamc, Hindzinc, Iex, Maruti,
Nam-India, Symphony, Syngene, Tvsmotors, Ubl.
RESULTS TOMORROW- Bajajfinserv, Biocon, Chennaipetro, Ghcl, Kpit, Tatacomm. dab
SHORT TERM- Rites- buy- 245, stop - 217, target- 285.
TREND- in few major stocks
HDFC- Negative(from 2510), stop for short positions 2602.
MARUTI- Negative(from 6990), stop for long positions 7000.
HDFCBANK - Sideways.
DABUR - Sideways..
GOLDM(may)- Positive(from 46700), stop for long positions 46400.
SILVERM(apr)- Positive(from 69500), stop for long positions 67000.
CRUDEOIL(mar)- Sideways.
CURRENCY UPDATE
USDINR(may)- Positive(from 74.85), stop for long positions 74.50.
GBPINR(may)- Positive(from 103.30), stop for long position 102.50.
EURINR(apr)- Positive(from 87.05), stop for long positions 89.25.
JPYINR(apr)- Positive(from 68.70), stop for long positions 68.80.
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