STRATEGY FOR 1st FEBRUARY
EQUITY UPDATES
MARKET TREND- Negative, stop for short positions 7590.
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 571 crores.
Dii- Net buyers - 240 crores.
GLOBAL MARKETS- US markets ended positive on friday.
RESULTS TODAY- Aban, Adanient, Centurytex, Techm, Vrllog.
RESULTS TOMORROW- Crompgreav, Dlf, Tatacomm.
TRADING IDEAS
CALLS OPEN
SHORT TERM- SANGAMIND- Buy(22/12/2015) - 307, stop(revised) - 249, target - 410.
TREND- in few major stocks
HDFC- Sideways.
YESBANK- Sideways.
BHARATFORGE- Sideways.
AXISBANK- Sideways.
MARUTI- Negative(from 4184), stop for short positions 4200.
LT-- Sideways.
BHARATFORGE- Sideways.
LT-- Sideways.
COMMODITY UPDATES
MCX
GOLDM(mar)- Positive(from 26550) , stop for long positions 26250.
SILVERMIC(feb)- Positive(from 34950), stop for long positions 33950.
COPPERM(feb)- Sideways.
NICKELM(feb)- Sideways.
ZINCMINI(feb)- Positive above 111.
CRUDEOILM(feb)- Positive above 2345.
NATURALGAS(feb) Positive above 157.20.
LEADMINI(feb)- Positive(from 115.20), stop for long positions 113.50.
ALUMINI(feb)- Positive above 105.50.
CARDAMOM(feb)- Positive(from 798), stop for long positions 750.
NCDEX
CHANA(apr)- Negative below 4160.
SOYBEAN(mar)- Negative(from 3658,jan), stop for short positions 3900.
RMSEED(apr)- Negative(from 4385,jan), stop for short positions 3900.
MCX
GOLDM(mar)- Positive(from 26550) , stop for long positions 26250.
SILVERMIC(feb)- Positive(from 34950), stop for long positions 33950.
COPPERM(feb)- Sideways.
NICKELM(feb)- Sideways.
ZINCMINI(feb)- Positive above 111.
CRUDEOILM(feb)- Positive above 2345.
NATURALGAS(feb) Positive above 157.20.
LEADMINI(feb)- Positive(from 115.20), stop for long positions 113.50.
ALUMINI(feb)- Positive above 105.50.
CARDAMOM(feb)- Positive(from 798), stop for long positions 750.
NCDEX
CHANA(apr)- Negative below 4160.
SOYBEAN(mar)- Negative(from 3658,jan), stop for short positions 3900.
RMSEED(apr)- Negative(from 4385,jan), stop for short positions 3900.
CURRENCY UPDATE
USDINR(feb)- Positive(from 67.87,jan) stop for long positions 67.80.
GBPINR(feb)- Positive(from 98.32), stop for long positions 96.50.
EURINR(feb)- Positive(from 74.86), stop for long positions 73.70.
JPYINR(feb)- Negative below 56.05.
USDINR(feb)- Positive(from 67.87,jan) stop for long positions 67.80.
GBPINR(feb)- Positive(from 98.32), stop for long positions 96.50.
EURINR(feb)- Positive(from 74.86), stop for long positions 73.70.
JPYINR(feb)- Negative below 56.05.