STRATEGY FOR 1st OCTOBER
EQUITY UPDATES
MARKET TREND- Sideways.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 116 crores.
Dii- Net sellers - 191 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
TREND- in few major stocks
HDFC- Sideways.
YESBANK- Sideways.
BHARATFORGE- Negative, stop for short positions 960.
AXISBANK- Sideways.
MARUTI- Positive, stop for long(entered @ 4540) positions 4460.
BHARATFORGE- Negative, stop for short positions 960.
COMMODITY UPDATES
MCX
GOLDM(nov)- Sideways.
SILVERMIC(nov)- Sideways.
COPPERM(nov)- Negative, stop for short positions 346.
NICKELM(oct)- Sideways.
ZINCMINI(oct)- Negative, stop for short positions 113.
CRUDEOILM(oct)- Sideways.
LEADMINI(oct)- Sideways.
ALUMINI(oct)- Negative, stop for short positions 104.50.
CARDAMOM(nov)- Sideways.
NCDEX
CHANA(nov)- Positive above 4950.
SOYBEAN(nov)- Positive, stop for long positions 3325.
RMSEED(nov)- Sideways.
MCX
GOLDM(nov)- Sideways.
SILVERMIC(nov)- Sideways.
COPPERM(nov)- Negative, stop for short positions 346.
NICKELM(oct)- Sideways.
ZINCMINI(oct)- Negative, stop for short positions 113.
CRUDEOILM(oct)- Sideways.
LEADMINI(oct)- Sideways.
ALUMINI(oct)- Negative, stop for short positions 104.50.
CARDAMOM(nov)- Sideways.
NCDEX
CHANA(nov)- Positive above 4950.
SOYBEAN(nov)- Positive, stop for long positions 3325.
RMSEED(nov)- Sideways.
CURRENCY UPDATE
USDINR(oct)- Sideways.
GBPINR(oct)- Negative, stop for short positions 101.70.
EURINR(oct)- Sideways.
JPYINR(oct)- Negative, stop for short positions 56.10.
USDINR(oct)- Sideways.
GBPINR(oct)- Negative, stop for short positions 101.70.
EURINR(oct)- Sideways.
JPYINR(oct)- Negative, stop for short positions 56.10.