Trend Trading Levels for 30 May 2013

NIFTY Hold Long taken at 6081.78 On 27-05-2013 StopLoss 6025.47 | Profit so far 8.47
BANKNIFTY Hold Long taken at 12931.65 On 27-05-2013 StopLoss 12734.08 | Profit so far -133.95
RELIANCE Hold Long taken at 816.78 On 27-05-2013 StopLoss 819.98 | Profit so far 29.72
SBIN Hold Short taken at 2349.77 On 21-05-2013 StopLoss 2150.5 | Profit so far 244.07

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Important Levels for 30 May 2013

NIFTY : Levels to watch are 6119.17 and 6061.33
BANKNIFTY : Levels to watch are 12895.08 and 12700.33
RELIANCE : Levels to watch are 853.9 and 839.1
SBIN : Levels to watch are 2127.65 and 2083.75

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Against Trend Calls for 29 May 2013

ASHOKLEY -> On Short Side at open or spikes
AUROPHARMA -> On Short Side at open or spikes
BATAINDIA -> On Short Side at open or spikes
BHARTIARTL -> On Short Side at open or spikes
IDEA -> On Short Side at open or spikes
JINDALSTEL -> On Short Side at open or spikes
POWERGRID -> On Short Side at open or spikes
OPTOCIRCUI -> On Short Side at open or spikes
COALINDIA -> On Short Side at open or spikes

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Trend Trading Levels for 29 May 2013

NIFTY Hold Long taken at 6081.78 On 27-05-2013 StopLoss 5985.65 | Profit so far 27.62
BANKNIFTY Hold Long taken at 12931.65 On 27-05-2013 StopLoss 12669.38 | Profit so far -32.55
RELIANCE Hold Long taken at 816.78 On 27-05-2013 StopLoss 802.52 | Profit so far 27.37
SBIN Hold Short taken at 2349.77 On 21-05-2013 StopLoss 2158.62 | Profit so far 216.72

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Major Mkt Activity on 28 May 201

Long Build Up: TATAGLOBAL, CESC, HAVELLS, ONGC, TECHM
Short Covering: SRTRANSFIN, BAJAJ-AUTO, JPASSOCIAT, TATASTEEL, HEROMOTOCO

Short Build Up: ULTRACEMCO, SUNTV, ASIANPAINT, HDFCBANK, AMBUJACEM
Long Unwinding: YESBANK, DLF, IBREALEST, RCOM, TATACHEM

Posted in FnO |