STRATEGY FOR 10th APRIL
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 6600.
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 1043 crores.
Dii- Net sellers - 463 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
TRADING IDEAS
SHORT TERM- VSTTILLERS- Buy above- 990, sl- 880, target- 1110.
FEDERAL BANK- Buy above- 98.50, sl- 88, target- 110.
COMMODITY UPDATES
MCX
GOLDM- Sideways.
SILVERMIC- Negative, stop for short positions 44200.
COPPERM- Negative, stop for short positions 411.
NICKELM- Positive, stop for long positions 978.
ZINCMINI- Positive, stop for long positions 121.10.
CRUDEOIL- Positive above 6255.
LEADMINI- Sideways.
ALUMINI- Positive, stop for long positions 107.70.
CARDAMOM(may)- Positive, stop for long positions 880.
NCDEX
KAPAS(APR-2014) Negative, stop for short positions 824.
CHANA(may)- Negative, stop for short positions 3230.
SOYBEAN(may)- Positive, stop for long positions 4300.
RMSEED(may)- Sideways.
CURRENCY UPDATE
USDINR- Negative, stop for short positions 60.80.
GBPINR- Sideways.
EURINR- Negative, stop for short positions 83.60.
JPYINR- Negative, stop for short positions 59.50
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