Trend Trading Levels for 24 Sep 2012

NIFTY Bought at 5632.12 StopLoss 5578.77
BANKNIFTY Hold Long taken at 10055.65 On 07-09-2012 StopLoss 10933.95 ->Reverse Trade StopLoss 11199.97| Profit so far 1339.75
SBIN Hold Long taken at 1885.4 On 14-09-2012 StopLoss 2101.38 ->Reverse Trade StopLoss 2186.68| Profit so far 333.7
RELIANCE Hold Short taken at 837.63 On 20-09-2012 StopLoss 859.95 ->Reverse Trade StopLoss 840.02| Profit so far -14.42

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Major Mkt Activity on 21 Sep 201

Long Build Up: MAX, PTC, RELCAPITAL, MINIFTY, IVRCLINFRA
Short Covering: BAJAJHLDNG, BHUSANSTL, ANDHRABANK, CUMMINSIND, INDIANB

Short Build Up: DRREDDY, HEXAWARE, PETRONET, COLPAL, SUNPHARMA
Long Unwinding: DELTACORP, POLARIS, ROLTA, PFC, RUCHISOYA

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Against Trend Calls for 21 Sep 2012

CAIRN -> On Long Side at open or dips
DRREDDY -> On Long Side at open or dips
IFCI -> On Short Side at open or spikes
PRAJIND -> On Short Side at open or spikes
SBIN -> On Short Side at open or spikes
SKUMARSYNF -> On Short Side at open or spikes
UNIONBANK -> On Short Side at open or spikes
WIPRO -> On Long Side at open or dips

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Trend Trading Levels for 21 Sep 2012

NIFTY Sold at 5574.92 StopLoss 5632.12
RELIANCE Sold at 837.63 StopLoss 868.08
BANKNIFTY Hold Long taken at 10055.65 On 07-09-2012 StopLoss 10866.13 ->Reverse Trade StopLoss 11060.67| Profit so far 896.65
SBIN Hold Long taken at 1885.4 On 14-09-2012 StopLoss 2055.42 ->Reverse Trade StopLoss 2134.22| Profit so far 241.05

Posted in FnO |