STRATEGY FOR 7th APRIL

                                  EQUITY  UPDATES

MARKET TREND-                      Positive, stop for long positions 6560.

INSTITUTIONAL ACTIVITY-        Fii- Net buyers-  232 crores.

                                                    Dii- Net sellers - 1125 crores. 

GLOBAL MARKETS-                US markets ended negative on friday. 

S                            

                    

                                    COMMODITY UPDATES

                                                MCX

GOLDM-                    Negative, stop for short positions 28800.

SILVERMIC-              Negative, stop for short positions 44300.

COPPERM-                Negative, stop for short positions 411.

NICKELM-                  Positive, stop for long positions 965.

ZINCMINI-                 Sideways.

CRUDEOIL-               Negative, stop for short positions  below 6120.

LEADMINI-                 Negative, stop for short positions 125.70.

ALUMINI-                   Positive, stop for long positions 106.80.

CARDAMOM(apr)-      Positive, stop for long positions 850.

                                          

                                                            NCDEX

KAPAS(APR-2014)            Negative, stop for short positions 837.

CHANA(apr)-                     Negative, stop for short positions 3270.

SOYBEAN(apr)-                Positive, stop for long positions 4290. 

RMSEED(apr)-                  Sideways.

                                           CURRENCY UPDATE

USDINR-                     Negative, stop for short positions 60.80.

GBPINR-                     Negative, stop for short positions 101.30.

EURINR-                     Negative, stop for short positions 83.60.

JPYINR-                     Negative, stop for short positions 59.60