Indian Commodity Market Tips

24 DECEMBER15
www.trifidresearch.com

MARKET GOSSIPS
FOURTH UMPIRE
S
‣ Nifty reclaims 7850 mark; Metals,
Pharma shines.
‣ Tata Steel gains as co is in talks to
sell long products Europe biz.
‣ Wipro gains as acquires Viteos
Group worth USD 130 million.
‣ Suven Life rallied after securing 7
S
new product patents.
‣ Welspun Ent gains, divests 37 pct
stake in DBCL for Rs 6.62 billion.
‣ L&T arm secures orders worth Rs
11.78 billion in December.
Markets again picked up the
momentum after the sell offs in
previous session and rose gradually
in the intraday session towards the
resistance levels on back of strength
in Pharma, Metals, Oil& Gas and
positive global markets too aided
the sentiments to close the indices
on positive note gaining around 1%.
Nifty future closed around the strict
resistance of 7860 on daily charts
and it needs to sustain above this to
lead towards 7900-50. On lower
side, 7750 is seen as near support.
TREND: SIDEWAYS
SUPPORT : 7800 & 7740
RESISTANCE: 7900 & 7940
MARKET POSITIONS
BIG BULLS ACTIVITY
INDEX VALUE CHANGE %
SENSEX 25850 259 1.01
NIFTY 7865 79 1.03
BANK NIFTY 16882 73.5 0.80
CATEGORY BUY SELL NET
FII 2426.42 2040.6 385.82
DII 1743.36 1110.72 632.64
INDIA VIX 13.65 -0.83 -5.73

A STEP AHEAD
FUTURE
SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
M&MFIN S 238.65 239.65 237.65 236.65 235.65
TATAMTRDVR B 282.55 283.55 281.55 280.55 279.55
CASH
SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
JSWSTEEL B 1056.50 1046 1067 1077.70 1088.60
POWERGRID B 140.60 139.20 142 143.40 144.85
PIVOT TABLE
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT 1004.95 1060 1030 970 940
ONGC FUT 235.25 241 238 232 229
TATA STEEL FUT 263.75 270 267 260 257
SBI FUT 229.85 236 233 226 223
INFY FUT 1099.45 1160 1130 1070 1040
FUTURES & OPTIONS DATA
OPEN INTEREST 22-DEC-15 23-DEC-15 CHANGE IN OPEN %
INTEREST
NIFTY 18430425 17115975 -1314450 -7.13
SCRIPS IN F&O BAN FOR TRADE
DLF, INDIACEM, JINDALSTEL, JISLJALEQS, JPASSOCIAT, KSCL, UNITECH, WOCKPHARMA.

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