Tuesday, 1 January 2013

STRATEGY FOR 1st JANUARY


MARKET TREND-                      Sideways.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 826 crores.

                                                       Dii- Net sellers - 200 crores. 

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




                                               COMMODITY UPDATES


GOLDM(05feb)-               Sideways. 

SILVERM-                        Negative, stop for short positions 60100.

COPPER-                        Sideways.

NICKEL-                          Negative, stop for short positions 965.

ZINC-                                Sideways.

CRUDEOIL-                   Positive, stop for long positions 4875. 

LEAD-                             Positive, stop for long positions 125.  

ALUMINIUM-                  Negative below 112.40.


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