Important Levels for 19 Dec 2012

NIFTY : Levels to watch are 5984.88 and 5872.92
BANKNIFTY : Levels to watch are 12724.3 and 12375.3
RELIANCE : Levels to watch are 842.03 and 830.17
SBIN : Levels to watch are 2438.23 and 2327.57

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Against Trend Calls for 18 Dec 2012

BANKINDIA -> On Short Side at open or spikes
HCLTECH -> On Short Side at open or spikes
HINDZINC -> On Short Side at open or spikes
ITC -> On Long Side at open or dips
SUZLON -> On Short Side at open or spikes
TATAMOTORS -> On Short Side at open or spikes
ASIANPAINT -> On Long Side at open or dips
TATAMTRDVR -> On Short Side at open or spikes

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Trend Trading Levels for 18 Dec 2012

SBIN Bought at 2337.08 StopLoss 2284.28
BANKNIFTY Hold Long taken at 11476.23 On 21-11-2012 StopLoss 12347.25 ->Reverse Trade StopLoss 12531.18| Profit so far 1013.77
NIFTY Hold Short taken at 5912.33 On 13-12-2012 StopLoss 5923.17 ->Reverse Trade StopLoss 5872.78| Profit so far 22.98
RELIANCE Hold Short taken at 829.35 On 11-12-2012 StopLoss 847.53 ->Reverse Trade StopLoss 833.58| Profit so far -8.65

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Major Mkt Activity on 17 Dec 201

Long Build Up: COLPAL, VOLTAS, NMDC, SESAGOA, ORIENTBANK
Short Covering: TATAMTRDVR, ALBK, YESBANK, PFC, AUROPHARMA

Short Build Up: IRB, BHARTIARTL, TCS, ANDHRABANK, CNXIT
Long Unwinding: BANKBARODA, RENUKA, VIJAYABANK, SRTRANSFIN, MRF

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