STRATEGY FOR 17th DECEMBER

MARKET TREND-                      Positive.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 574 crores.

                                                       Dii- Net sellers - 512 crores. 

GLOBAL MARKETS-              US markets ended negative on friday.

 

                                               COMMODITY UPDATES

GOLDM-                           Negative, stop for short positions 31300. 

SILVERM-                        Negative, stop for short positions 63000.

COPPER-                        Positive, stop for long positions 443.

NICKEL-                          Positive, stop for long positions 950.

ZINC-                               Positive, stop for long positions 109.70.

CRUDEOIL-                    Sideways. 

LEAD-                             Positive, stop for long positions 122.  

ALUMINIUM-                  Sideways.