STRATEGY FOR 1st OCTOBER 2021

                                                          EQUITY UPDATE

 

MARKET TREND - NIFTY(SPOT) -      Positive(from 15350), stop for long positions 16650.

               BANKNIFTY(SPOT) -    Positive(from 35600), stop for long positons 35250.

 INSTITUTIONAL ACTIVITY-        Fii -   Net sellers -   2225 crores.

                                                      Dii -   Net buyers  -  97 crores.

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

                                                Calls open 

                                                                               

INVESTMENT -       Carborandum universal -  607.

INVESTMENT    -    Iex  -   410.

INVESTMENT   -     Sis-   500.

INVESTMENT  -      Genus power -  67.

SHORT TERM -       Sunpharma - buy - 710,  stop(revised)  -  730, target  - 860.

SHORT TERM -       Rain  - buy - 233,   stop -  199,  target  - 281.

SHORT TERM -       Kei  - buy - 818,  booked half -917,  stop(revised)  -  820,  target  -  1000.

SHORT TERM -       Tatapower  - 141,  stop  - 120,  target  - 172.

SHORT TERM -       Canfinhome - buy - 645, stop(revised) - 570,  target -  795.

SHORT TERM  -      Ghcl  -  buy -  435,   stop  -  364,    target  -  541.

                                                                                   

                                         COMMODITY UPDATES

                                                        MCX

GOLDM(oct)-         Negative(from 45750), stop for short positions 46600.

SILVERM(nov)-      Negative(from 60000), stop for short positions 62000.

  

CRUDEOIL(oct)-        Positive(from 5175), stop for long  positions 5200.

                                CURRENCY UPDATE

USDINR(oct 27)-     Positive(form 74.25), stop for long positions 73.70.

GBPINR(oct 27)-    Negative(from 100.30), stop for short positions 101.70.

EURINR(oct 27)-    Negative(from 86.50,sep), stop for short positions 87.05.

JPYINR(oct 27)-  Negative(from 66.60,sep), stop for short positions 67.40.

                                                                                                                 

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.)