STRATEGY FOR 10th AUGUST

Market trend-                     Positive, stop for long positions 5240.

Institutional activity-         Fii-     Net buyers-  337 crores.

                                   Dii-    Net sellers- 754 crores.

Global markets-                 US markets  trading flat at the time of writing.   

Major results today-        Bharatforge, bpcl, sbi, siemens, sunpharma.

Major results tomorrow- Godrej inustries, ongc,  relcap, rcom.

Positional calls-            
 

BANKINDIA-                        Sell below- 277   stoploss- 286   target- 267.