Sunday, 12 May 2013

STRATEGY FOR 13th MAY



MARKET TREND-                   Positive, stop for long positions 5940.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 792 crores.

                                                 Dii- Net sellers - 210 crores. 

GLOBAL MARKETS-               US markets ended positive on friday. 

RESULTS TODAY-                  BOB, Eicher motors, Rpower. 

RESULTS TOMORROW-        Rel infra, United bank. 




                                                            COMMODITY UPDATES


GOLDM-                            Sideways.

SILVERM-                          Negative, stop for short positions 46600.

COPPER-                           Positive, stop for long positions 397.

NICKEL-                             Positive above 853.

ZINC-                                  Sideways.

CRUDEOIL-                        Positive, stop for long positions 5120.

LEAD-                                 Sideways.  

ALUMINIUM-                     Sideways. 

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