Sunday, 6 January 2013

STRATEGY FOR 7th JANUARY


MARKET TREND-                      Positive, stop for long positions 5880.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 1164 crores.

                                                       Dii- Net sellers -  825 crores. 

GLOBAL MARKETS-               US markets  ended flat on friday.

POSITIONAL CALL-                 SYNDIBANK-  Buy above- 137.30   sl- 131.5   target- 145.





                                               COMMODITY UPDATES


GOLDM-                           Sideways. 

SILVERM-                        Sideways.

COPPER-                        Positive, stop for long positions 442.

NICKEL-                          Sideways.

ZINC-                                Sideways.

CRUDEOIL-                   Positive, stop for long positions 5020. 

LEAD-                             Positive, stop for long positions 127.  

ALUMINIUM-                  sideways.

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