STRATEGY FOR 1st DECEMBER
EQUITY UPDATES
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 935 crores.
Dii- Net sellers - 439 crores.
GLOBAL MARKETS- US markets ended flat on friday.
TRADING IDEAS
POSITIONAL- HINDUNILVR - Buy above 796, target - 864, stop - 744.
CALLS OPEN
SHORT TERM- ASIANPAINT- Buy(27/11/2014) - 714, target - 808, stop(revised) - 690.
POSITIONAL- BHARATFORG - Buy(19/11/2014),- 952, target - 1036, stop(revised) - 900.
SHORT TERM- HAVELLS- Buy(17-11-204) - 312, target- 358, stop(revised) - 290.
SHORT TERM- YESBANK- Buy(31/10/2014) - 670, target - 749, stop(revised) - 655.
COMMODITY UPDATES
MCX
GOLDM(jan)- Sideways.
SILVERMIC(feb)- Sideways.
COPPERM(feb)- Negative, stop for short positions 411.
NICKELM- Positive, stop for long positions 985.
ZINCMINI- Sideways.
CRUDEOIL- Negative, stop for short positions 4580.
LEADMINI- Sideways.
ALUMINI- Sideways.
CARDAMOM(dec)- Negative, stop for short positions 830.
NCDEX
CHANA(dec)- Sideways.
SOYBEAN(dec)- Sideways.
RMSEED(dec)- Positive, stop for long positions 3840.
CURRENCY UPDATE
USDINR- Positive, stop for long positions 61.90.
GBPINR- Sideways.
EURINR- Sideways.
JPYINR- Negative, stop for short positions 53.70.