STRATEGY FOR 6th JANUARY 2014
EQUITY UPDATES
MARKET TREND- Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net sellers- 18 crores.
Dii- Net sellers - 280 crores.
GLOBAL MARKETS- US markets ended negative on friday.
COMMODITY UPDATES
MCX
GOLDM- Sideways.
SILVERMIC- Sideways.
COPPERM- Positive, stop for long positions 461.
NICKELM- Negative below 860.
ZINCMINI- Negative below 126.40.
CRUDEOIL- Sideways.
LEADMINI- Negative below 134.50.
ALUMINI- Sideways.
CARDAMOM(jan)- Sideways.
NCDEX
KAPAS(APR-2014) Positive, stop for long positions 992.
CHANA(jan)- Sideways.
SOYBEAN(jan)- Sideways.
RMSEED(jan)- Sideways.
CURRENCY UPDATE
USDINR- Sideways.
GBPINR- Positive, stop for long positions 102.60.
EURINR- Sideways.
JPYINR- Sideways.
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