Tuesday, 8 April 2014

STRATEGY FOR 9th APRIL


                                   EQUITY  UPDATES



MARKET TREND-                      Positive, stop for long positions 6570.


INSTITUTIONAL ACTIVITY-        Fii- Net buyers-  703 crores.

                                                    Dii- Net sellers - 1081 crores. 

GLOBAL MARKETS-                US markets trading positive at the time of writing. 

                                                                TRADING IDEAS


SHORT TERM-                      VSTTILLERS-      Buy above- 990,  sl- 880,  target- 1110.


                COMMODITY UPDATES


                                                MCX

GOLDM-                    Sideways.

SILVERMIC-               Negative, stop for short positions 44300.

COPPERM-                Negative, stop for short positions 411.

NICKELM-                  Positive, stop for long positions 969.

ZINCMINI-                  Positive above 122.30.

CRUDEOIL-               Sideways.

LEADMINI-                 Negative, stop for short positions 125.70.

ALUMINI-                   Positive, stop for long positions 106.80.

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


KAPAS(APR-2014)            Negative, stop for short positions 833.

CHANA(may)-                     Negative, stop for short positions 3240.

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

RMSEED(may)-                  Sideways.


                                           CURRENCY UPDATE

USDINR-                     Negative, stop for short positions 60.80.

GBPINR-                     Negative, stop for short positions 100.95.

EURINR-                     Negative, stop for short positions 83.60.

JPYINR-                     Negative, stop for short positions 59.50

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home