Wednesday, 8 May 2013

STRATEGY FOR 9th MAY


MARKET TREND-                   Positive, stop for long positions 5900.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 976 crores.

                                                 Dii- Net sellers - 669 crores. 

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

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

RESULTS TOMORROW-        Apollo tyres, Ashok leyland, Central bank, NTPC, Rcom. 

POSITIVE LIST-                       ITC.  



                                                             COMMODITY UPDATES


GOLDM-                            Sideways.

SILVERM-                          Negative, stop for short positions 46600.

COPPER-                           Positive above 408.

NICKEL-                             Sideways.

ZINC-                                  Sideways.

CRUDEOIL-                        Positive, stop for long positions 5020.

LEAD-                                 Sideways.  

ALUMINIUM-                     Sideways. 

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