STRATEGY FOR 29th JULY 2022
EQUITY UPDATE
MARKET TREND - NIFTY(SPOT) - Positive(from 16640), stop for long positions 15800.
BANKNIFTY(SPOT) - Positive(from 35850), stop for long positions 34800.
INSTITUTIONAL ACTIVITY- Fii - Net buyers - 1637 crores.
Dii - Net buyers - 600 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
COMMODITY UPDATES
CURRENCY UPDATE
USDINR(aug 26)- Positive(from 77.20), stop for long positions 79.60. GBPINR(aug 26 )- Positive(from 96.85), stp for long positions 95.50.
EURINR(aug 26)- Sideways.
JPYINR(aug 26)- Positive(from 58.45), stop for long positions 58.10. 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.)