Wednesday, 19 November 2014

STRATEGY FOR 19th NOVEMBER


                                 EQUITY  UPDATES


MARKET TREND-                            Positive, stop for long positions 8130.  
              
INSTITUTIONAL ACTIVITY-             Fii- Net sellers-  101 crores.

                                                       Dii- Net sellers - 232 crores.

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



                                          TRADING IDEAS   



POSITIONAL-    BHARATFORG - Buy above - 951,   target - 1036, stop - 886.


SHORT TERM            IDFC -     Buy above - 164,   target - 185,   stop - 148.


    


                                              CALLS OPEN



SHORT TERM-  HAVELLS-   Buy(17-11-204) - 312,    target- 358,     stop - 276.


POSITIONAL-  BAJAJ-AUTO-  Buy(17-11-204)- 2672,     target - 2827,      stop -2549.


SHORT TERM-      YESBANK- Buy(31/10/2014) - 670,  target - 749,  stop(revised) - 645.


POSITIONAL-      APOLLOTYRE- Buy(05-11-2014)- 233,  target - 268,  stop(revised) - 220.





                         COMMODITY UPDATES




                                               MCX


GOLDM-                     Positive above 26700.

SILVERMIC-               Sideways.

COPPERM-                 Sideways.

NICKELM-                  Sideways.

ZINCMINI-                  Sideways.

CRUDEOIL(dec)         Negative, stop for short positions 4920.

LEADMINI-                 Sideways.

ALUMINI-                   Sideways.
                                        
CARDAMOM(dec)-      Sideways.



                                 NCDEX


CHANA(dec)-                  Positive, stop for long positions 3120.

SOYBEAN(dec)-              Positive, stop for long positions 3210.

RMSEED(dec)-                Sideways.




                                CURRENCY UPDATE



USDINR-                      Positive, stop for long positions 61.40.

GBPINR-                     Negative, stop for short positions 98.30.

EURINR-                      Negative, stop for short positions 77.80.

JPYINR-                       Negative, stop for short positions 54.25.

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