STRATEGY FOR 8th MARCH 2022

                                                EQUITY UPDATE

 

      MARKET TREND - NIFTY(SPOT) -     Negative(from  16100), stop for short positions 17000.

     BANKNIFTY(SPOT) -                   Negative(from 33800), stop for short positions 35600.

 INSTITUTIONAL ACTIVITY-        Fii -   Net sellers -  7482 crores.

                                                      Dii -   Net buyers  -  5331 crores.

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

      

                                                Calls open 

                                                                               

INVESTMENT   -    Sis-   500.

INVESTMENT  -     Genus power -  67. 

INVESTMENT  -     Philipcarb(10/01/2022) -  244.

                                                                                   

                                         COMMODITY UPDATES

                                                        MCX

GOLDM(apr)-          Positive(from 50300), stop for long positions 51000. 

SILVERM(apr)-        Positive(from 68000), stop for long positions 66900.

  

CRUDEOIL(mar)-    Positive(from 5665), stop for long positions 7800.  

                                CURRENCY UPDATE

USDINR(mar 29)-     Positive(from 76.15), stop for long positions 76.

 

GBPINR(mar 29)-     Negative(from 100.90), stop for short positions 102.10.

EURINR(mar 29)-     Negative(from 84.70), stop for short positions 84.65.

JPYINR(mar 29)-      Positive(from 66.35), stop for long positions 65.80.

                                                                                                                 

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.)