Saturday, 26 April 2014

STRATEGY FOR 28th APRIL


                      EQUITY  UPDATES


MARKET TREND-                         Positive, stop for long positions 6640.  
              
INSTITUTIONAL ACTIVITY-        Fii- Net buyers-  295 crores.

                                                          Dii- Net sellers - 417 crores. 

GLOBAL MARKETS-               US markets ended negative on friday.  

RESULTS TODAY-                    Idea.

RESULTS TOMORROW-           Bharti, Federal bank, Hexaware, IFCI, IOB, Jindal steel, 
                                                   Shriram transport, SSLT, TVS motor.

                          
                                     

                          COMMODITY UPDATES


                                                MCX

GOLDM-                    Positive, stop for long positions 29300.

SILVERMIC-               Negative, stop for short positions 43600.

COPPERM-                Positive above 423.

NICKELM-                  Positive, stop for long positions 1070.

ZINCMINI-                  Positive, stop for long positions 123.50.

CRUDEOIL-                Sideways.

LEADMINI-                Positive, stop for long positions 129.

ALUMINI-                   Sideways.

CARDAMOM(may)-    Positive, stop for long positions 930.

                                                         NCDEX


KAPAS(APR-2014)            Sideways.

CHANA(may)-                   Negative, stop for short positions 3150.

SOYBEAN(may)-              Positive, stop for long positions 4370. 

RMSEED(may)-                Sideways.


                                           CURRENCY UPDATE

USDINR(may)-                     Sideways.

GBPINR(may)-                     Positive, stop for long positions 101.80.

EURINR(may)-                     Positive, stop for long positions 83.70.

JPYINR(may)-                      Sideways.

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