STRATEGY FOR 8th MAY

MARKET TREND-                   Positive, stop for long positions 5900.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 655 crores.

                                                 Dii- Net sellers - 729 crores. 

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

RESULTS TODAY-                   ABB, HDFC, Lupin, Ranbaxy.

RESULTS TOMORROW-        Asian paints, Indian bank, Jubl food, PNB, Union bank. 

POSITIVE LIST-                       ITC.  

                                                             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, stop for long positions 5020.

LEAD-                                 Sideways.  

ALUMINIUM-                     Sideways.