Wednesday, 3 October 2012

STRATEGY FOR 3rd OCTOBER


MARKET TREND-                  Positive, stop for long positions 5500.

INSTITUTIONAL ACTIVITY-     Fii- Net buyers - 207 crores.

                                                    Dii- Net sellers- 474 crores. 

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

WHOOPS(buy)-                       DENABANK.

POSITIONAL CALLS:

CALLS(open)-            

BANKBARODA-                        Buy above- 805       stoploss-780   target- 830.

NEW CALLS:                            

IDBI-                                          Buy above- 102.75   stoploss-99    target- 106.50.



                                        COMMODITY UPDATES



GOLDM(05nov)-                  Negative, stop for short positions 31750.

SILVERM-                            Sideways.

COPPER-                            Negative, stop for short positions 447.

NICKEL-                                Positive, stop for long positions- 955.

ZINCMINI-                              Negative, stop for short positions 111.75.

CRUDEOIL-                          Negative, stop for short positions 5000.

NATURALGAS-                     Sideways.

 LEADMINI-                            Sideways.

ALUMINI-                                Negative, stop for short positions 112.50.

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