Important Levels for 18 Oct 2012

NIFTY : Levels to watch are 5694.15 and 5644.85
BANKNIFTY : Levels to watch are 11446.07 and 11330.03
RELIANCE : Levels to watch are 816.22 and 800.78
SBIN : Levels to watch are 2251.78 and 2195.43

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Trend Trading Levels for 17 Oct 2012

NIFTY Sold at 5666.23 StopLoss 5729.9
BANKNIFTY Hold Short taken at 11480.78 On 08-10-2012 StopLoss 11539.63 ->Reverse Trade StopLoss 11350.4| Profit so far 125.03
RELIANCE Hold Short taken at 847.47 On 08-10-2012 StopLoss 837.7 ->Reverse Trade StopLoss 818.33| Profit so far 32.17
SBIN Hold Short taken at 2290.02 On 08-10-2012 StopLoss 2291.3 ->Reverse Trade StopLoss 2238.1| Profit so far 58.37

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Swing Trading for 17 Oct 2012

1. YESBANK Sell Below 384.03
2. TATASTEEL Sell Below 403.98
3. JSWSTEEL Sell Below 735.45
4. BHEL Sell Below 245.75
5. SBIN Sell Below 2217.65
6. BHARTIARTL Buy Above 266.49
7. CAIRN Buy Above 333.48

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Major Mkt Activity on 16 Oct 201

Long Build Up: EXIDEIND, JISLJALEQS, HCLTECH, TITAN, BHARATFORG
Short Covering: TECHM, GSPL, ZEEL, BHARTIARTL, HDFC

Short Build Up: PUNJLLOYD, YESBANK, VIJAYABANK, CESC, DLF
Long Unwinding: GODREJIND, ORIENTBANK, BHUSANSTL, NCC, DENABANK

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