STRATEGY FOR 21st JANUARY

                                        EQUITY  UPDATES

 
MARKET TREND-                            Negative, stop for short positions 7620.
              

INSTITUTIONAL ACTIVITY-             Fii- Net sellers - 1324 crores.

                                                          Dii- Net buyers -  1383 crores.

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

RESULTS TODAY-               Biocon, Exide, Hindzinc, Ibrealest, Idea, Indigo, M&m finance,

                                                      Relcapital. 

RESULTS TOMORROW -              Cairn, Itc, Rcom.

                                                            TRADING IDEAS

  

                                                                     CALLS OPEN

SHORT TERM-                 SANGAMIND-   Buy(22/12/2015) - 307,  stop(revised) -  249,  target -  410.

                                           

    

  TREND-  in few major stocks

HDFC-                          Negative(from 1143.5), stop for short positions 1176.

YESBANK-                  Negative(from 673), stop for short positions 692.

BHARATFORGE-           Negative(from 806), stop for short positions  831. 

AXISBANK-               Negative(from 404), stop for short positions 412. 

MARUTI-                    Negative(from 4184), stop for short positions 4295.

                      

                                             COMMODITY UPDATES

                                               MCX

GOLDM(jan)-                    positive above 26670.

SILVERMIC(feb)-              Positive above 34900.

COPPERM(feb)-               Negative(from 295.5), stop for short positions 305.50.

NICKELM(jan)-                 Sideways.

ZINCMINI(jan)-                  Sideways.

CRUDEOILM(feb)-            Negative(from 2764), stop for short positions 2220.

NATURALGAS(jan)           Negative(from 140.8), stop for short positions 150.

LEADMINI(jan)-               Negative(from 109.40), stop for short positions 111.50.

ALUMINI(jan)-                  Sideways.

                                       

CARDAMOM(feb)-            Negative below 738.

                                       NCDEX

CHANA(apr)-                    Negative(from 4295), stop for short positions 4355.

SOYBEAN(feb)-               Negative(from 3658,jan), stop for short positions 3870.

RMSEED(apr)-                 Negative(from 4385,jan), stop for short positions 4160.

                                        

                                CURRENCY UPDATE

USDINR(jan)-                       Positive(from 67.87) stop for long positions 67.30.

GBPINR(jan)-                      Negative(from 98.74), stop for short positions 97.70.

EURINR(jan)-                       Positive(from 74.12) stop for long positions 73.25.

JPYINR(jan)-                       Positive(from 55.52), stop for long positions 57.05.