Thursday, 28 February 2013

STRATEGY FOR 28th FEBRUARY


MARKET TREND-                    Negative, stop for short positions 5900.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 106 crores.

                                                    Dii- Net buyers - 24 crores. 

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

IMPORTANT EVENT-               Budget. 

                                                          COMMODITY UPDATES


GOLDM(april)-                         Sideways.

SILVERM(april)-                       Sideways.

COPPER(april)-                         Sideways.

NICKEL(march)-                        Negative, stop for short positions 925.

ZINC(march)-                             Negative, stop for short positons 114.50.

CRUDEOIL-                                Negative, stop for short positions 5080.

LEAD(march)-                            Sideways. 

ALUMINIUM(march)-               Negative, stop for short positions 109.60

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