STRATEGY FOR 7th NOVEMBER
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 6050.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 271 crores.
Dii- Net sellers - 545 crores.
GLOBAL MARKETS- US markets trading flat at the time of writing.
IMPORTANT RESULTS TODAY- Auro pharma, India cements, MOIL, Tech mahindra,
United breweries.
IMPORTANT RESULTS TOMORROW- BEML, Crompton greaves, Divis lab, Indian bank, IOC,
PNB, Suntv, Tatamotors, Uco bank,
COMMODITY UPDATES
MCX
GOLDM- Sideways.
SILVERMIC- Sideways.
COPPERM- Negative, stop for short positions 460.
NICKELM- Sideways.
ZINCMINI- Sideways.
CRUDEOIL- Negative, stop for short positions 6070.
LEADMINI- Sideways.
ALUMINI- Sideways.
NCDEX
KAPAS(APR-2014) Negative, stop for long positions 975.
CHANA(dec)- Sideways.
SOYBEAN(dec)- Positive, stop for long positions 3810.
CURRENCY UPDATES
USDINR- Negative, stop for short positions 63.10.
GBPINR- Sideways.
EURINR- Negative, stop for short positions 85.40..
JPYINR- Sideways.
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