STRATEGY FOR 2nd DECEMBER
EQUITY UPDATES
MARKET TREND- Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 745 crores.
Dii- Net sellers - 101 crores.
GLOBAL MARKETS- US markets ended flat on on friday.
TRADING IDEAS
SHORT TERM- Buy PFC - 159, sl - 138 target- 179.
TRADING IDEAS
SHORT TERM- Buy PFC - 159, sl - 138 target- 179.
COMMODITY UPDATES
MCX
GOLDM(jan)- Sideways.
SILVERMIC- Negative, stop for short positions 46900.
COPPERM- Sideways.
NICKELM- Negative, stop for short positions 862.
ZINCMINI- Sideways.
CRUDEOIL- Negative, stop for short positions 6000.
LEADMINI- Sideways.
ALUMINI- Negative, stop for short positions 111.
CARDAMOM(dec)- Negative, stop for short positions 732.
NCDEX
KAPAS(APR-2014) Negative, stop for short positions 928.
CHANA(dec)- Negative, stop for short positions 3105.
SOYBEAN(dec)- Sideways.
RMSEED(dec)- Negative, stop for short positions 3795.
CURRENCY UPDATES
USDINR- Sideways.
GBPINR- Sideways.
EURINR- Sideways.
JPYINR- Negative, stop for short positions 63.