STRATEGY FOR 25th FEBRUARY 2014
EQUITY UPDATES
MARKET TREND- Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 266 crores.
Dii- Net sellers - 248 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
TRADING IDEAS
POSITIONAL- M&M- Buy above- 951, sl - 920, target- 991.
POSITIONAL- INFY- Buy above- 3775, sl - 3640, target- 3945.
COMMODITY UPDATES
MCX
GOLDM- Positive, stop for long positions 30350.
SILVERMIC- Positive, stop for long positions 46300.
COPPERM- Sideways.
NICKELM- Sideways.
ZINCMINI- Sideways.
CRUDEOIL- Positive, stop for long positions 6290.
LEADMINI- Sideways.
ALUMINI- Sideways.
CARDAMOM(mar)- Sideways.
NCDEX
KAPAS(APR-2014) Negative, stop for short positions 958.
CHANA(apr)- Negative, stop for short positions 3050.
SOYBEAN(mar)- Positive, stop for long positions 3960.
RMSEED(apr)- Positive, stop for long positions 3370.
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.
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