Thursday, 20 December 2012

STRATEGY FOR 20th DECEMBER


MARKET TREND-                      Positive.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 1244 crores.

                                                       Dii- Net sellers - 369 crores. 

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


POSITIONAL CALL-                 RECLTD- Buy above- 250   sl - 242   target - 262.



                                               COMMODITY UPDATES


GOLDM-                           Negative, stop for short positions 31100. 

SILVERM-                        Negative, stop for short positions 61900.

COPPER-                        Negative below 437.

NICKEL-                          Sideways.

ZINC-                               Positive, stop for long positions 111.10.

CRUDEOIL-                    Sideways. 

LEAD-                             Positive, stop for long positions 123.30.  

ALUMINIUM-                  Sideways.

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