Sunday, 5 May 2013

STRATEGY FOR 6th MAY



MARKET TREND-                   Positive, stop for long positions 5840.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 953 crores.

                                                 Dii- Net sellers - 792 crores. 

GLOBAL MARKETS-               US markets ended positive on friday. 

RESULTS TODAY-                   Adani power.

RESULTS TOMORROW-        Albk, glenmark, OFSS, sintex, uco bank. 



                                                             COMMODITY UPDATES


GOLDM-                            Sideways.

SILVERM-                          Negative, stop for short positions 46600.

COPPER-                           Sideways.

NICKEL-                             Negative, stop for short positions 828.

ZINC-                                  Negative, stop for short positions 102.

CRUDEOIL-                        Positive above 5180.

LEAD-                                 Sideways.  

ALUMINIUM-                     Negative, stop for short positions 101.50 

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