STRATEGY FOR 31st DECEMBER
EQUITY UPDATES
MARKET TREND- Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 116 crores.
Dii- Net sellers - 207 crores.
GLOBAL MARKETS- US markets trading flat at the time of writing.
TRADING IDEAS
POSITIONAL- BHEL- Buy above - 182, sl - 169, target - 198.
COMMODITY UPDATES
MCX
GOLDM(FEB)- Sideways.
SILVERMIC- Sideways.
COPPERM- Positive, stop for long positions 459.
NICKELM(jan)- Sideways.
ZINCMINI(jan)- Positive, stop for long positions 127.
CRUDEOIL- Sideways.
LEADMINI(jan)- Positive, stop for long positions 137.50.
ALUMINI- Sideways.
CARDAMOM(jan)- Sideways.
NCDEX
KAPAS(APR-2014) Positive, stop for long positions 985.
CHANA(jan)- Sideways.
SOYBEAN(jan)- Sideways.
RMSEED(jan)- Negative, stop for short positions 3590.
CURRENCY UPDATE
USDINR- Sideways.
GBPINR- Positive, stop for long positions 101.80.
EURINR- Sideways.
JPYINR- Negative, stop for short positions 60.