STRATEGY FOR 21st MARCH
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 6330.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 722 crores.
Dii- Net sellers - 563 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
COMMODITY UPDATES
MCX
GOLDM- Sideways.
SILVERMIC- Sideways.
COPPERM- Negative, stop for short positions 415.
NICKELM- Positive, stop for long positions 961.
ZINCMINI- Negative, stop for short positions 122.20.
CRUDEOIL- Sideways.
LEADMINI- Sideways.
ALUMINI- Negative below 102.30.
CARDAMOM(apr)- Positive above 854.
NCDEX
KAPAS(APR-2014) Negative, stop for short positions 872.
CHANA(apr)- Positive, stop for long positions 3240.
SOYBEAN(apr)- Positive above 4355.
RMSEED(apr)- Sideways.
CURRENCY UPDATE
USDINR- Sideways.
GBPINR- Negative, stop for short positions 102.60.
EURINR- Negative below 84.35.
JPYINR- Sideways.
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