STRATEGY FOR 28th FEBRUARY 2014
EQUITY UPDATES
MARKET TREND- Positive above 6260.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 511 crores.
Dii- Net sellers - 251 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
DATA- GDP.
DATA- GDP.
TRADING IDEAS
POSITIONAL- LT- Buy above- 1103, sl - 1050, target- 1165.
COMMODITY UPDATES
MCX
GOLDM(april)- Positive, stop for long positions 29980.
SILVERMIC(april)- Sideways.
COPPERM(april)- Negative, stop for short positions 453.
NICKELM(mar)- Sideways.
ZINCMINI(mar)- Sideways.
CRUDEOIL- Sideways.
LEADMINI(mar)- Sideways.
ALUMINI(mar)- Sideways.
CARDAMOM(mar)- Sideways.
NCDEX
KAPAS(APR-2014) Negative, stop for short positions 941.
CHANA(apr)- Sideways.
SOYBEAN(mar)- Positive, stop for long positions 4070.
RMSEED(apr)- Positive, stop for long positions 3390.
CURRENCY UPDATE
USDINR(mar)- Negative, stop for short positions 62.90.
GBPINR(mar)- Sideways.
EURINR(mar)- Positive, stop for long positions 85.35.
JPYINR(mar)- Sideways.