STRATEGY FOR 21st OCTOBER
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 5960.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 1752 crores.
Dii- Net sellers - 562 crores.
GLOBAL MARKETS- US markets ended positive on friday.
IMPORTANT RESULTS TODAY- Asian paints, HDFC, Karnataka bank, M&M finance, Zee.
IMPORTANT RESULTS TOMORROW- Wipro, Yes bank.
SHORT TERM- Buy Sail - above 60, sl 54 target- 68.
COMMODITY UPDATES
MCX
GOLDM- Sideways.
SILVERMIC- Negative, stop for short positions 49400.
COPPERM- Negative, stop for short positions 460.
NICKELM- Sideways.
ZINCMINI- Sideways.
CRUDEOIL(nov)- Negative, stop for short positions 6410.
LEADMINI- Sideways.
ALUMINI- Negative below 110.40.
NCDEX
KAPAS(APR-2014) Sideways.
CHANA(nov)- Sideways.
SOYBEAN(nov)- Sideways.
CURRENCY UPDATES
USDINR- Negative, stop for short positions 62.70.
GBPINR- Negative, stop for short positions 100.30.
EURINR- Negative, stop for short positions 85.
JPYINR- Negative,stop for short positions 64.10.
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