COMMODITY UPDATE

HOLD GOLD, SILVER & CRUDE LONGS

Fii Data

FII
13/08: -915.58 Cr. (Prov)
DII
13/08: 226.12 Cr. (Prov)

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only positional traders

COVER ESSAR OIL SHORTS AND SHORT RELCAP TGT 1350,1330.CARRY OTHER SHORTS.
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only positional traders

HOLD YOUR SHORTS AND PUTS AND COMMODITY TRADERS CAN STILL HOLD THEIR LONGS IN GOLD,SILVER,CRUDE.
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DELIVERY

Fundamental Pick: Buy TORNTPOWR . Surat 1100 MW Power Plant to be commissioned shortly.

only positional traders

CARRY RELIANCE SHORTS AND SHORT BANKINDIA TGT 278,273.

NIFTY IS WEAK BELOW 4605,SO HOLD UR SHORTS/PUTS.
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buy cash mkt

Cash Market: Watch TATASTEEL (NSE Cash CMP 617.50). Buying can be done with a Stop Loss of 609.70. Target at 638.35.

buy futures

Futures: Buy ARVIND FUTURES (NSE CMP 40.25). Stop Loss at 36.25 level.

only positional traders

SHORT RELIANCE INDUSTRIES,TGT 2305,2270.SHORT ONGC TGT 1040,1027.
CARRY OLD SHORTS.
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buy nifty

NIFTY FUT: Buy with a Stop Loss of 4523.00 level. Target at 4589.60-4591.60 zone.

BUY CASH MARKET

Cash Market: Watch STER (NSE Cash CMP 612.65). Buying can be done with a Stop Loss of 603.00. Target at 623.50.