STRATEGY FOR 17th OCTOBER

MARKET TREND-                    Positive, stop for long positions 5600.

INSTITUTIONAL ACTIVITY-      Fii- Net sellers - 204 crores.

                                                  Dii- Net buyers- 595 crores. 

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

IMPORTANT RESULTS TODAY-      Crisil, hcl tech, karnataka bank.  

IMPORTANT RESULTS TOMORROW-       Acc, ambuja cements. 

CALLS(open)-             

            

 GRASIM-            Bought at(16th)- 3442  revised  stoploss- 3425    target- 3510.

POSITIONAL CALLS:        No new calls.      

                                               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 921.

ZINC-                                    Negative, stop for short positions 102.

CRUDEOIL-                         Sideways.

 LEAD-                                  Negative, stop for short positions 115.

ALUMINIUM-                         Negative, stop for short positions 105.50.