STRATEGY FOR 11th DECEMBER
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 6200.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 395 crores.
Dii- Net sellers - 628 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
COMMODITY UPDATES
MCX
GOLDM(jan)- Sideways.
SILVERMIC- Negative, stop for short positions 45900.
COPPERM- Negative, stop for short positions 454.
NICKELM- Sideways.
ZINCMINI- Sideways.
CRUDEOIL- Sideways.
LEADMINI- Sideways.
ALUMINI- Sideways.
CARDAMOM(jan)- Negative below 718.
NCDEX
KAPAS(APR-2014) Sideways.
CHANA(jan)- Negative, stop for short positions 3110.
SOYBEAN(jan)- Sideways.
RMSEED(jan)- Negative below 3730.
CURRENCY UPDATE
USDINR- Negative, stop for short positions 62.20.
GBPINR- Sideways.
EURINR- Negative below 83.70.
JPYINR- Negative, stop for short positions 60.90.
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