Monday, 15 April 2013

STRATEGY FOR 16th APRIL


MARKET TREND-                    Negative, stop for short positions 5650.

INSTITUTIONAL ACTIVITY-      Fii- Net sellers- 418 crores.

                                                 Dii- Net buyers - 297 crores. 

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


RESULTS TODAY-                   RIL.

RESULTS TOMORROW-         Hcl tech, TCS, Yes bank. 

NEGATIVE LIST-                      Tatasteel.



                                                          COMMODITY UPDATES


GOLDM-                             Negative, stop for short positions 27000.

SILVERM-                          Negative, stop for short positions 49000.

COPPER-                           Negative, stop for short postions 408.

NICKEL-                             Negative, stop for short positions 874.

ZINC-                                   Sideways.

CRUDEOIL-                       Negative, stop for short positions 5000.

LEAD-                                 Negative, stop for short positions 113.30. 

ALUMINIUM-                    Negative, stop for short positions 102.50.

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