STRATEGY FOR 31st DECEMBER
EQUITY UPDATES
MARKET TREND- Positive above 7960.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 152 crores.
Dii- Net sellers - 74 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
TRADING IDEAS
POSITIONAL - GAIL - Buy above 375, stop - 345, target - 415.
CALLS OPEN
POSITIONAL- VOLTAS- Buy(24/12/2015)- 311, stop - 292, target - 339.
SHORT TERM- SANGAMIND- Buy(22/12/2015) - 307, stop - 236, target - 410.
NIITLTD- Buy(28/12/2015) 107.30, stop - 81, target - 146.
TREND- in few major stocks
HDFC- Sideways.
YESBANK- Sideways.
BHARATFORGE- Sideways.
AXISBANK- Sideways.
MARUTI- Sideways.
BHARATFORGE- Sideways.
COMMODITY UPDATES
MCX
GOLDM(jan)- Sideways.
SILVERMIC(feb)- Sideways.
COPPERM(feb)- Sideways.
NICKELM(jan)- Negative(from 566), stop for short positions 594.
ZINCMINI(jan)- Positive above 108.75.
CRUDEOILM(jan)- Negative(from 2764), stop for short positions 2580.
NATURALGAS(jan) Positive, stop for long positions 146.
LEADMINI(jan)- Positive(from 118.50), stop for long positions 115.80.
ALUMINI(jan)- Sideways.
CARDAMOM(jan)- Sideways.
NCDEX
CHANA(jan)- Negative below 4670.
SOYBEAN(jan)- Negative(from 3658), stop for short positions 3835.
RMSEED(jan)- Negative(from 4385), stop for short positions 4430.
MCX
GOLDM(jan)- Sideways.
SILVERMIC(feb)- Sideways.
COPPERM(feb)- Sideways.
NICKELM(jan)- Negative(from 566), stop for short positions 594.
ZINCMINI(jan)- Positive above 108.75.
CRUDEOILM(jan)- Negative(from 2764), stop for short positions 2580.
NATURALGAS(jan) Positive, stop for long positions 146.
LEADMINI(jan)- Positive(from 118.50), stop for long positions 115.80.
ALUMINI(jan)- Sideways.
CARDAMOM(jan)- Sideways.
NCDEX
CHANA(jan)- Negative below 4670.
SOYBEAN(jan)- Negative(from 3658), stop for short positions 3835.
RMSEED(jan)- Negative(from 4385), stop for short positions 4430.
CURRENCY UPDATE
USDINR(jan)- Sideways.
GBPINR(jan)- Negative(from 98.74), stop for short positions 100.
EURINR(jan)- Sideways.
JPYINR(jan)- Sideways.
USDINR(jan)- Sideways.
GBPINR(jan)- Negative(from 98.74), stop for short positions 100.
EURINR(jan)- Sideways.
JPYINR(jan)- Sideways.