Major Mkt Activity on 16 Jul 2012

Long Build Up: MCDOWELL-N, HDFC, SBIN, SUNPHARMA, ULTRACEMCO
Short Covering: TITAN, CUMMINSIND, AMBUJACEM, HINDZINC, SUNTV

Short Build Up: CNXIT, JSWENERGY, INFY, SIEMENS, ADANIPORTS
Long Unwinding: SINTEX, TATAMTRDVR, SOBHA, BFUTILITIE, JPASSOCIAT

Trend Trading Levels for 17th July 2012

BANKNIFTY Hold Long taken at 9953.07 On 21-06-2012 StopLoss 10569.07 ->Reverse Trade StopLoss 10714.67| Profit so far 625.33
NIFTY Hold Short taken at 5285.2 On 12-07-2012 StopLoss 5272.63 ->Reverse Trade StopLoss 5210.83| Profit so far 78.35
RELIANCE Hold Short taken at 732.73 On 11-07-2012 StopLoss 729.98 ->Reverse Trade StopLoss 719.03| Profit so far 10.63
SBIN Hold Short taken at 2187.82 On 13-07-2012 StopLoss 2214.83 ->Reverse Trade StopLoss 2171.07| Profit so far 7.92

Posted in FnO |

Trend Trading Levels for 16th July 2012

SBIN Sold at 2187.82 StopLoss 2225.7
BANKNIFTY Hold Long taken at 9953.07 On 21-06-2012 StopLoss 10615.68 ->Reverse Trade StopLoss 10738| Profit so far 664.08
NIFTY Hold Short taken at 5285.2 On 12-07-2012 StopLoss 5303 ->Reverse Trade StopLoss 5256.68| Profit so far 44.75
RELIANCE Hold Short taken at 732.73 On 11-07-2012 StopLoss 734.43 ->Reverse Trade StopLoss 721.57| Profit so far 10.88

Posted in FnO |