STRATEGY FOR 4th MARCH
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 6100.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 198 crores.
Dii- Net buyers - 1566 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
COMMODITY UPDATES
MCX
GOLDM- Positive, stop for long positions 30230.
SILVERMIC- Sideways.
COPPERM- Negative, stop for short positions 448
NICKELM- Positive above 921.
ZINCMINI- Sideways.
CRUDEOIL- Positive, stop for long positions 6300.
LEADMINI- Sideways.
ALUMINI- Sideways.
CARDAMOM(mar)- Sideways.
NCDEX
KAPAS(APR-2014) Negative, stop for short positions 935.
CHANA(apr)- Sideways.
SOYBEAN(mar)- Positive, stop for long positions 4080.
RMSEED(apr)- Positive, stop for long positions 3490.
CURRENCY UPDATE
USDINR- Negative, stop for short positions 62.85.
GBPINR- Sideways.
EURINR- Positive, stop for long positions 85.40.
JPYINR- Sideways.
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