STRATEGY FOR 13th OCTOBER
EQUITY UPDATES
MARKET TREND- Positive, stop for long positions 7900.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 317 crores.
Dii- Net sellers - 175 crores.
GLOBAL MARKETS- US markets trading flat at the time of writing.
RESULTS TODAY - DCB bank, TCS.
RESULTS TOMORROW - Hindunilvr, Zeel.
TREND- in few major stocks
HDFC- Positive(@1266), stop for long positions 1238.
YESBANK- Sideways.
BHARATFORGE- Sideways.
AXISBANK- Sideways.
MARUTI- Negative(@4248), stop for short positions 4501.
BHARATFORGE- Sideways.
COMMODITY UPDATES
MCX
GOLDM(nov)- Sideways.
SILVERMIC(nov)- Sideways.
COPPERM(nov)- Sideways.
NICKELM(oct)- Sideways.
ZINCMINI(oct)- Positive above 121.
CRUDEOILM(oct)- Sideways.
LEADMINI(oct)- Positive above 118.
ALUMINI(oct)- Sideways.
CARDAMOM(nov)- Negative, stop for short positions 840.
NCDEX
CHANA(nov)- Sideways.
SOYBEAN(nov)- Positive, stop for long positions 3680.
RMSEED(nov)- Positive, stop for long positions 4770.
MCX
GOLDM(nov)- Sideways.
SILVERMIC(nov)- Sideways.
COPPERM(nov)- Sideways.
NICKELM(oct)- Sideways.
ZINCMINI(oct)- Positive above 121.
CRUDEOILM(oct)- Sideways.
LEADMINI(oct)- Positive above 118.
ALUMINI(oct)- Sideways.
CARDAMOM(nov)- Negative, stop for short positions 840.
NCDEX
CHANA(nov)- Sideways.
SOYBEAN(nov)- Positive, stop for long positions 3680.
RMSEED(nov)- Positive, stop for long positions 4770.
CURRENCY UPDATE
USDINR(oct)- Negative, stop for short positions 65.65.
GBPINR(oct)- Negative, stop for short positions 100.60.
EURINR(oct)- Sideways.
JPYINR(oct)- Negative, stop for short positions 54.70.
USDINR(oct)- Negative, stop for short positions 65.65.
GBPINR(oct)- Negative, stop for short positions 100.60.
EURINR(oct)- Sideways.
JPYINR(oct)- Negative, stop for short positions 54.70.
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