Friday, 7 June 2013

STRATEGY FOR 7th JUNE


MARKET TREND-                   Negative, stop for long positions 6150.

INSTITUTIONAL ACTIVITY-      Fii- Net buyers- 270 crores.

                                                 Dii- Net sellers - 298 crores. 

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


                                                            COMMODITY UPDATES


GOLDM-                            Positive, stop for long positions 27250.

SILVERM-                          Sideways.

COPPER-                           Positive, stop for long positions 411.

NICKEL-                             Positive, stop for long positions 854.

ZINC-                                 Positive, stop for long positions 107.70.

CRUDEOIL-                      Sideways.

LEAD-                              Positive, stop for long positions 123.90.

ALUMINIUM-                    Positive, stop for long positions 107.

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