Wednesday, 16 January 2013

STRATEGY FOR 16th JANUARY


MARKET TREND-                      Positive, stop for long positions 5930.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 1077 crores.

                                                       Dii- Net sellers -  755 crores. 

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

RESULTS TODAY-                   Bajaj auto, Bajaj holdings, Yes bank.

RESULTS TOMORROW-        Federal bank, Hcl tech, Hero moto.

                                                

POSITIVE LIST-                        CANBK.




                                               COMMODITY UPDATES


GOLDM-                           Sideways. 

SILVERM-                        Sideways.

COPPER-                        Negative, stop for short positions 448.

NICKEL-                          Sideways.

ZINC-                                Negative, stop for short positions 111.

CRUDEOIL-                   Sideways. 

LEAD-                              Negative, stop for shorts 128.  

ALUMINIUM-                  sideways.

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