STRATEGY FOR 3rd MAY

MARKET TREND-                   Positive, stop for long positions 5830.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 1429 crores.

                                                 Dii- Net sellers - 899 crores. 

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

DATA-                                      RBI monetary policy. 

RESULTS TODAY-                   Acc, ambuja cement, titan. 

RESULTS TOMORROW-        Grasim, jp associates. 

POSITIVE LIST-                       Itc.

                                                             COMMODITY UPDATES

GOLDM-                            Sideways.

SILVERM-                          Negative, stop for short positions 46600.

COPPER-                           Negative, stop for short positions 386.

NICKEL-                             Negative, stop for short positions 828.

ZINC-                                  Negative, stop for short positions 102.

CRUDEOIL-                        Sideways.

LEAD-                                 Negative, stop for short positions 109.60. 

ALUMINIUM-                     Negative, stop for short positions 101.50