STRATEGY FOR 6th MARCH
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 6150.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 737 crores.
Dii- Net sellers - 201 crores.
GLOBAL MARKETS- US markets trading flat 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, stop for long positions 914.
ZINCMINI- Sideways.
CRUDEOIL- Sideways.
LEADMINI- Negative below 129.80.
ALUMINI- Sideways.
CARDAMOM(apr)- Sideways.
NCDEX
KAPAS(APR-2014) Negative, stop for short positions 935.
CHANA(apr)- Positive above 3231.
SOYBEAN(apr)- Positive, stop for long positions 4110.
RMSEED(apr)- Positive, stop for long positions 3490.
CURRENCY UPDATE
USDINR- Negative, stop for short positions 62.55.
GBPINR- Negative below 103.20.
EURINR- Negative below 84.85.
JPYINR- Negative, stop for short positions 61.50.
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