STRATEGY FOR 16th OCTOBER

MARKET TREND-                    Positive, stop for long positions 5600.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers - 20 crores.

                                                  Dii- Net sellers- 85 crores. 

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

RESULTS TODAY-                   Mindtree.

RESULTS TOMORROW-       Crisil, hcl tech, karnataka bank.

POSITIVE LIST-                      STAR, RPOWER. 

CALLS(open)-             

            

TATASTEEL-                           Bought(12th)- 424   stoploss- 410   target- 437.

POSITIONAL CALLS:             

GRASIM-                                  Buy above- 3440   stoploss- 3375   target- 3510.

                                                   COMMODITY UPDATES

GOLDM-                              Negative, stop for short positions 31200.

SILVERM-                            Negative, stop for short positions 61600.

COPPER-                            Negative, stop for short positions 438.

NICKEL-                               Negative, stop for short positoins 935.

ZINC-                                    Negative, stop for short positions 102.75.

CRUDEOIL-                         Sideways.

 LEAD-                                  Negative, stop for short positions 115.

ALUMINIUM-                         Negative, stop for short positions 106.