STRATEGY FOR 22nd OCTOBER
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 5960.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 1031 crores.
Dii- Net sellers - 724 crores.
GLOBAL MARKETS- US markets trading flat at the time of writing.
IMPORTANT RESULTS TODAY- Wipro, Yes bank.
IMPORTANT RESULTS TOMORROW- ACC, Heromoto, Hindzinc, L&Tfh.
POSITIVE LIST- Auropharma, Tatasteel.
SHORT TERM- Buy Bomdyeing - above 65.50, sl 57 target- 75.
COMMODITY UPDATES
MCX
GOLDM- Sideways.
SILVERMIC- Sideways.
COPPERM- Negative, stop for short positions 460.
NICKELM- Positive above 895.
ZINCMINI- Sideways.
CRUDEOIL- Negative, stop for short positions 6410.
LEADMINI- Positive above 134.50.
ALUMINI- Sideways.
NCDEX
KAPAS(APR-2014) Sideways.
CHANA(nov)- Negative below 3000.
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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