STRATEGY FOR 30th SEPTEMBER
EQUITY UPDATES
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 150 crores.
Dii- Net buyers - 234 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
DATA - RBI policy.
TRADING IDEAS
CALLS OPEN
POSITIONAL - BAJAJ-AUTO - Buy(entry 19-09-2014)- 2411, target - 2580, stop - 2280.
MARUTI - Buy(entry 19-09-2014) - 3071, target - 3270, stop - 2910.
SHORT TERM- UFLEX -Buy(entry 28-08-2014)-150, stop(revised) - 143, target - 187.
CALLS CLOSED
SHORT TERM- DABUR- Buy(entry 14-08-2014)-216, stop hit(break even)- 216.
COMMODITY UPDATES
MCX
GOLDM(nov)- Sideways.
SILVERMIC- Negative, stop for short positions 40400.
COPPERM- Sideways.
NICKELM(oct)- Negative, stop for short positions 1076.
ZINCMINI(oct)- Sideways.
CRUDEOIL(oct)- Sideways.
LEADMINI(oct)- Sideways.
ALUMINI(oct)- Negative, stop for short positions 122.
CARDAMOM(oct)- Sideways.
NCDEX
CHANA(oct)- Negative, stop for short positions 2825.
SOYBEAN(oct)- Negative, stop for short positions 3180.
RMSEED(oct)- Sideways.
CURRENCY UPDATE
USDINR- positive above 62.10.
GBPINR- Sideways.
EURINR- Negative, stop for short positions 79.25
JPYINR- Negative, stop for short positions 57.20.