Sunday, 16 June 2013

STRATEGY FOR 17th JUNE


MARKET TREND-                   Negative, stop for long positions 5900.

INSTITUTIONAL ACTIVITY-      Fii- Net sellers- 305 crores.

                                                 Dii- Net buyers - 910 crores. 

GLOBAL MARKETS-               US markets ended negative on friday.

 DATA-                                      RBI Credit policy. 




                                                            COMMODITY UPDATES


GOLDM-                            Positive, stop for long positions 27500.

SILVERM-                          Sideways.

COPPER-                           Sideways.

NICKEL-                             Negative, stop for short positions 851.

ZINC-                                 Negative, stop for short positions 108.20.

CRUDEOIL-                        Positive, stop for long positions 5500.

LEAD-                                 Negative, stop for short positions 124.30.

ALUMINIUM-                      Negative, stop for short positions 108.20.

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