STRATEGY FOR 15th SEPTEMBER
EQUITY UPDATES
MARKET TREND- Negative, stop for short positions 8050.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 58 crores.
Dii- Net buyers - 183 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
TREND- in few major stocks
HDFC- Negative, stop for short positions 1210.
YESBANK- Sideways.
BHARATFORGE- Negative, stop for short positions 1082.
AXISBANK- Sideways.
MARUTI- Sideways.
BHARATFORGE- Negative, stop for short positions 1082.
COMMODITY UPDATES
MCX
GOLDM(sep)- Negative, stop for short positions 26550.
SILVERMIC(nov)- Negative below 34530.
COPPERM(nov)- Positive, stop for long positions 353.
NICKELM(sep)- Sideways.
ZINCMINI(sep)- Sideways.
CRUDEOILM(sep)- Sideways.
LEADMINI(sep)- Sideways.
ALUMINI(sep)- Positive, stop for long positions 106.
CARDAMOM(oct)- Sideways.
NCDEX
CHANA(oct)- Negative, stop for short positions 4550.
SOYBEAN(oct)- Sideways.
RMSEED(oct)- Sideways.
MCX
GOLDM(sep)- Negative, stop for short positions 26550.
SILVERMIC(nov)- Negative below 34530.
COPPERM(nov)- Positive, stop for long positions 353.
NICKELM(sep)- Sideways.
ZINCMINI(sep)- Sideways.
CRUDEOILM(sep)- Sideways.
LEADMINI(sep)- Sideways.
ALUMINI(sep)- Positive, stop for long positions 106.
CARDAMOM(oct)- Sideways.
NCDEX
CHANA(oct)- Negative, stop for short positions 4550.
SOYBEAN(oct)- Sideways.
RMSEED(oct)- Sideways.
CURRENCY UPDATE
USDINR(sep)- Positive, stop for long positions 66.20.
GBPINR(sep)- Sideways.
EURINR(sep)- Sideways.
JPYINR(sep)- Sideways.
USDINR(sep)- Positive, stop for long positions 66.20.
GBPINR(sep)- Sideways.
EURINR(sep)- Sideways.
JPYINR(sep)- Sideways.
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