STRATEGY FOR 20th NOVEMBER

                                                                     EQUITY  UPDATES

 
MARKET TREND-                            Negative, stop for short positions 7970.
              

INSTITUTIONAL ACTIVITY-             Fii- Net sellers - 343 crores.

                                                          Dii- Net buyers -  233 crores.

GLOBAL MARKETS-                      US markets trading flat at the time of writing. 

       

  TREND-  in few major stocks

HDFC-                       Negative, stop for short positions 1220.

YESBANK-                Sideways.

BHARATFORGE-             Negative below 835. 

AXISBANK-               Negative, stop for short positions 488. 

MARUTI-                   Sideways.

                      

                                             COMMODITY UPDATES

                                               MCX

GOLDM(dec)-                     Negative, stop for short positions 25600.

SILVERMIC(nov)-             Negative, stop for short positions 34600.

COPPERM(nov)-               Negative, stop for short positions 320.

NICKELM(nov)-                 Negative, stop for short positions 630.

ZINCMINI(nov)-                  Negative, stop for short positions 105.20.

CRUDEOILM(dec)-            Negative, stop for short positions 2990.

LEADMINI(nov)-                 Negative, stop for short positions 106.50.

ALUMINI(nov)-                   Sideways.

                                       

CARDAMOM(dec)-            Negative, stop for short positions 733.

                                       NCDEX

CHANA(dec)-                    Sideways.

SOYBEAN(jan)-               Sideways.

RMSEED(dec)-                 Sideways.

                                        

                                CURRENCY UPDATE

USDINR(nov)-                       Positive, stop for short positions 65.90.

GBPINR(nov)-                      Sideways.

EURINR(nov)-                      Negative, stop for short positions 71.70.

JPYINR(nov)-                        Sideways.