STRATEGY FOR 31st DECEMBER
EQUITY UPDATES
INSTITUTIONAL ACTIVITY- Fii- Net buyers- 277 crores.
Dii- Net buyers - 160 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
TRADING IDEAS
SHORT TERM- ORIENTBANK- Buy above - 345, target- 393, stop - 308.
COMMODITY UPDATES
MCX
GOLDM(feb)- Sideways.
SILVERMIC- Sideways.
COPPERM- Sideways.
NICKELM(jan)- Negative, stop for short positions 1000.
ZINCMINI(jan)- Sideways.
CRUDEOIL(jan)- Negative, stop for short positions 3750.
LEADMINI(jan)- Sideways.
ALUMINI(jan)- Negative, stop for short positions 120.
CARDAMOM(jan)- Positive, stop for long positions 930.
NCDEX
CHANA(jan)- Positive, stop for long positions 3490.
SOYBEAN(jan)- Sideways.
RMSEED(jan)- Positive, stop for long positions 4230.
CURRENCY UPDATE
USDINR- Positive, stop for long positions 63.35.
GBPINR- Sideways.
EURINR- Sideways.
JPYINR- Sideways.