Friday, 21 December 2012

STRATEGY FOR 21th DECEMBER


MARKET TREND-                      Positive.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 466 crores.

                                                       Dii- Net sellers - 444 crores. 

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


POSITIVE LIST-                         CIPLA.


POSITIONAL CALL-                 CANBK- Buy above- 491   sl - 471  target - 521.



                                               COMMODITY UPDATES


GOLDM-                           Negative, stop for short positions 30850. 

SILVERM-                        Negative, stop for short positions 60100.

COPPER-                        Negative, stop for short positions 443.

NICKEL-                          Negative below 948.

ZINC-                               Sideways.

CRUDEOIL-                   Positive above 5000. 

LEAD-                             Positive, stop for long positions 124.  

ALUMINIUM-                  Negative below 111.35.

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