STRATEGY FOR 9th DECEMBER
EQUITY UPDATES
MARKET TREND- Negative below 7675.
INSTITUTIONAL ACTIVITY- Fii- Net sellers - 518 crores.
Dii- Net buyers - 590 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
TREND- in few major stocks
HDFC- Negative below 1165.
YESBANK- Sideways.
BHARATFORGE- Sideways.
AXISBANK- Negative, stop for short positions 478.
MARUTI- Positive(from 4777), stop for long position 4490.
BHARATFORGE- 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 2820.
NATURALGAS(dec) Negative, stop for short positions 149.
LEADMINI(dec)- Positive, stop for long positions 110.50.
ALUMINI(dec)- Sideways.
CARDAMOM(jan)- Negative, stop for short positions 742.
NCDEX
CHANA(jan)- Sideways.
SOYBEAN(jan)- Negative(from 3839), stop for short positions 3945.
RMSEED(jan)- Sideways.
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 2820.
NATURALGAS(dec) Negative, stop for short positions 149.
LEADMINI(dec)- Positive, stop for long positions 110.50.
ALUMINI(dec)- Sideways.
CARDAMOM(jan)- Negative, stop for short positions 742.
NCDEX
CHANA(jan)- Sideways.
SOYBEAN(jan)- Negative(from 3839), stop for short positions 3945.
RMSEED(jan)- Sideways.
CURRENCY UPDATE
USDINR(dec)- Positive, stop for short positions 66.45.
GBPINR(dec)- Sideways.
EURINR(dec)- Sideways.
JPYINR(dec)- Sideways.
USDINR(dec)- Positive, stop for short positions 66.45.
GBPINR(dec)- Sideways.
EURINR(dec)- Sideways.
JPYINR(dec)- Sideways.
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