STRATEGY FOR 31st OCTOBER
EQUITY UPDATES
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 1257 crores.
Dii- Net sellers - 94 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
RESULTS TODAY- Centurytex, Gail, IDBI, ITC, Ktkbank, M&M, NMDC, NTPC,
PFC, Unionbank.
RESULTS TOMORROW- Dcbbank, Divislab, Tatacomm.
TRADING IDEAS
SHORT TERM- YESBANK- Buy above - 668, target - 749, stop - 605.
CALLS CLOSED
POSITIONAL - BAJAJ-AUTO- Buy(entry 19-09-2014)- 2411, target hit - 2580 (30-10-2014).
COMMODITY UPDATES
MCX
GOLDM(nov)- Negative below 26500.
SILVERMIC- Negative, stop for short positions 38500.
COPPERM- Sideways.
NICKELM- Sideways.
ZINCMINI- Sideways.
CRUDEOIL- Negative, stop for short positions 5150.
LEADMINI- Sideways.
ALUMINI(nov)- Positive, stop for long positions 122.80.
CARDAMOM(nov)- Sideways.
NCDEX
CHANA(nov)- Positive, stop for long positions 3010.
SOYBEAN(nov)- Positive, stop for long positions 3140.
RMSEED(nov)- Positive, stop for long positions 3670.
CURRENCY UPDATE
USDINR- Positive, stop for long positions 61.10.
GBPINR- Negative, stop for short positions 100.20.
EURINR- sideways.
JPYINR- Negative below 56.40.