STRATEGY FOR 21st APRIL

MARKET TREND-                         Positive, stop for long positions 6600.   
               

INSTITUTIONAL ACTIVITY-        Fii- Net buyers-  433 crores.

                                                          Dii- Net sellers - 122 crores. 

GLOBAL MARKETS-                US markets ended flat on thursday. 

RESULTS TODAY-                     LIC housing finance. 

RESULTS TOMORROW-          HDFC bank. 

                          COMMODITY UPDATES

                                                MCX

GOLDM-                    Positive, stop for long positions 28800.

SILVERMIC-               Negative, stop for short positions 44000.

COPPERM-                Sideways.

NICKELM-                  Positive, stop for long positions 1030.

ZINCMINI-                  Positive, stop for long positions 122.

CRUDEOIL-               Positive, stop for long positions 6170.

LEADMINI-                Sideways.

ALUMINI-                   Sideways.

CARDAMOM(may)-    Positive, stop for long positions 880.

                                                         NCDEX

KAPAS(APR-2014)            Negative, stop for short positions 802.

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-                     Positive, stop for long positions 100.40.

EURINR-                     Sideways.

JPYINR-                      Sideways.