STRATEGY FOR 1st JUNE
EQUITY UPDATES
MARKET TREND- Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 2284 crores.
Dii- Net sellers - 2267 crores.
GLOBAL MARKETS- US markets ended negative on friday.
TRADING IDEAS
CALLS OPEN
SHORT TERM - LAKSHVILAS- Buy - 107.60 (13/04/2015), target - 123, stop - 95.
TREND- in few major stocks
HDFC- Sideways.
YESBANK- Positive above 889.
BHARATFORGE- Sideways.
AXISBANK- Positive above 590.
MARUTI- Posivie above 3806.
BHARATFORGE- Sideways.
COMMODITY UPDATES
MCX
GOLDM(jul)- Sideways.
SILVERMIC(jun)- Sideways.
COPPERM(jun)- Negative below 385.
NICKELM(jun)- Negative, stop for short positions 838.
ZINCMINI(jun)- Sideways.
CRUDEOIL(jun)- Sideways.
LEADMINI(jun)- Negative, stop for short positions 128.50.
ALUMINI(jun)- Negative, stop for short positions 113.50.
CARDAMOM(jun)- Sideways.
NCDEX
CHANA(jun)- Positive, stop for long positions 4530.
SOYBEAN(jun)- Negative below 3910.
RMSEED(jun)- Positive, stop for long positions 4100.
CURRENCY UPDATE
USDINR(jun)- Sideways.
GBPINR(jun)- Negative below 97.70.
EURINR(jun)- Negative, stop for short positions 71.20.
JPYINR(jun)- Negative, stop for short positions 52.45.
MCX
GOLDM(jul)- Sideways.
SILVERMIC(jun)- Sideways.
COPPERM(jun)- Negative below 385.
NICKELM(jun)- Negative, stop for short positions 838.
ZINCMINI(jun)- Sideways.
CRUDEOIL(jun)- Sideways.
LEADMINI(jun)- Negative, stop for short positions 128.50.
ALUMINI(jun)- Negative, stop for short positions 113.50.
CARDAMOM(jun)- Sideways.
NCDEX
CHANA(jun)- Positive, stop for long positions 4530.
SOYBEAN(jun)- Negative below 3910.
RMSEED(jun)- Positive, stop for long positions 4100.
CURRENCY UPDATE
USDINR(jun)- Sideways.
GBPINR(jun)- Negative below 97.70.
EURINR(jun)- Negative, stop for short positions 71.20.
JPYINR(jun)- Negative, stop for short positions 52.45.