Saturday, 29 December 2012

STRATEGY FOR 31st DECEMBER


MARKET TREND-                      Sideways.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 833 crores.

                                                       Dii- Net sellers - 530 crores. 

GLOBAL MARKETS-               US markets  ended negative on friday. 




                                               COMMODITY UPDATES


GOLDM(05feb)-               Negative, stop for short positions 31050. 

SILVERM-                        Negative, stop for short positions 60100.

COPPER-                        Negative, stop for short positions 443.

NICKEL(31jan)-             Negative, stop for short positions 970.

ZINC(31jan)-                    Sideways.

CRUDEOIL-                   Positive, stop for long positions 4875. 

LEAD(31jan)-                 Positive, stop for long positions 125.  

ALUMINIUM(31jan)-      Negative below 112.40.

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