STRATEGY FOR 10th DECEMBER

                                        EQUITY  UPDATES

 
MARKET TREND-                           Negative, stop for short positions 7860.
              

INSTITUTIONAL ACTIVITY-             Fii- Net sellers - 527 crores.

                                                          Dii- Net buyers -  864 crores.

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

    

  TREND-  in few major stocks

HDFC-                       Negative, stop for short positions 1195.

YESBANK-                 Negative below 710.

BHARATFORGE-         Negative below 783. 

AXISBANK-              Negative, stop for short positions 472. 

MARUTI-                   Sideways.

                      

                                             COMMODITY UPDATES

                                               MCX

GOLDM(jan)-                    Sideways.

SILVERMIC(feb)-              Sideways.

COPPERM(feb)-               Negative, stop for short positions 316.

NICKELM(dec)-                Negative below 570.

ZINCMINI(dec)-                Negative, stop for short positions 105.

CRUDEOILM(dec)-            Negative(from 2764), stop for short positions 2775.

NATURALGAS(dec)           Negative, stop for short positions 149.

LEADMINI(dec)-                Positive, stop for long positions 111.

ALUMINI(dec)-                   Sideways.

                                       

CARDAMOM(jan)-              Negative, stop for short positions 742.

                                       NCDEX

CHANA(jan)-                   Sideways.

SOYBEAN(jan)-               Negative(from 3839), stop for short positions 3910.

RMSEED(jan)-                 Negative below 4750.

                                        

                                CURRENCY UPDATE

USDINR(dec)-                       Positive, stop for short positions 66.45.

GBPINR(dec)-                      Sideways.

EURINR(dec)-                      Sideways.

JPYINR(dec)-                        Sideways.