STRATEGY FOR 30th APRIL
EQUITY UPDATES
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 287 crores.
Dii- Net sellers - 550 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
RESULTS TODAY- IDBI, Kotak bank, Oriental bank, Petronet.
RESULTS TOMORROW- Bata.
TRADING IDEAS
SHORT TERM- SUVEN- Buy above- 91, sl- 78, target- 106.
POSITIONAL- HAVELLS- Buy above- 960, sl- 900, target- 1030.
COMMODITY UPDATES
MCX
GOLDM(jun)- Positive, stop for long positions 28800.
SILVERMIC(jun)- Negative, stop for short positions 44200.
COPPERM(jun)- Sideways.
NICKELM(may)- Positive, stop for long positions 1079.
ZINCMINI(may)- Sideways.
CRUDEOIL- Sideways.
LEADMINI(may)- Sideways.
ALUMINI(may)- Sideways.
CARDAMOM(may)- Positive, stop for long positions 938.
NCDEX
KAPAS(APR-2014) Sideways.
CHANA(may)- Negative, stop for short positions 3150.
SOYBEAN(may)- Positive, stop for long positions 4590.
RMSEED(may)- Sideways.
CURRENCY UPDATE
USDINR- Sideways.
GBPINR- Positive, stop for long positions 101.80.
EURINR- Positive, stop for long positions 83.70.
JPYINR- Sideways.