STRATEGY FOR 30th NOVEMBER
EQUITY UPDATES
MARKET TREND- Negative, stop for short positions 7970.
INSTITUTIONAL ACTIVITY- Fii- Net sellers - 519 crores.
Dii- Net buyers - 900 crores.
GLOBAL MARKETS- US markets ended flat on friday.
DATA - GDP (5.30PM)
WATCH LIST- Positive side- Relcapital, Heromoto, Kotakbank, Tvsmotor.
TREND- in few major stocks
HDFC- Sideways.
YESBANK- Sideways.
BHARATFORGE- Sideways.
AXISBANK- Negative, stop for short positions 488.
MARUTI- Positive(from 4777), stop for long position 4490.
BHARATFORGE- Sideways.
COMMODITY UPDATES
MCX
GOLDM(dec)- Negative, stop for short positions 25600.
SILVERMIC(feb)- Negative, stop for short positions 35100.
COPPERM(feb)- Negative, stop for short positions 319.
NICKELM(dec)- Sideways.
ZINCMINI(dec)- Sideways.
CRUDEOILM(dec)- Negative(from 2764), stop for short positions 2990.
LEADMINI(dec)- Sideways.
ALUMINI(dec)- Sideways.
CARDAMOM(dec)- Sideways.
NCDEX
CHANA(dec)- Sideways.
SOYBEAN(jan)- Sideways.
RMSEED(dec)- Sideways.
MCX
GOLDM(dec)- Negative, stop for short positions 25600.
SILVERMIC(feb)- Negative, stop for short positions 35100.
COPPERM(feb)- Negative, stop for short positions 319.
NICKELM(dec)- Sideways.
ZINCMINI(dec)- Sideways.
CRUDEOILM(dec)- Negative(from 2764), stop for short positions 2990.
LEADMINI(dec)- Sideways.
ALUMINI(dec)- Sideways.
CARDAMOM(dec)- Sideways.
NCDEX
CHANA(dec)- Sideways.
SOYBEAN(jan)- Sideways.
RMSEED(dec)- Sideways.
CURRENCY UPDATE
USDINR(dec)- Positive, stop for short positions 66.40.
GBPINR(dec)- Sideways.
EURINR(dec)- Negative, stop for short positions 72.10.
JPYINR(dec)- Sideways.
USDINR(dec)- Positive, stop for short positions 66.40.
GBPINR(dec)- Sideways.
EURINR(dec)- Negative, stop for short positions 72.10.
JPYINR(dec)- Sideways.