Friday, 22 March 2013

STRATEGY FOR 22nd MARCH



MARKET TREND-                    Negative, stop for short positions 5820.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 368 crores.

                                                 Dii- Net sellers - 30 crores. 

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

NEGATIVE LIST-                      Unionbank.



                                                          COMMODITY UPDATES


GOLDM-                             Positive above 29900.

SILVERM-                           Negative, stop for short positions 55600.

COPPER-                            Negative, stop for short positions 424.

NICKEL-                             Sideways.

ZINC-                                  Negative, stop for short positions 105.

CRUDEOIL-                         Sideways.

LEAD-                                 Negative, stop for short positions 120. 

ALUMINIUM-                       Negative, stop for short positions 105.

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