Trend Trading Levels for 20 Feb 2014

SBIN Bought at 1504.9 StopLoss 1478.87
NIFTY Hold Long taken at 6099.82 On 17-02-2014 StopLoss 6085.43 | Profit so far 59.23
BANKNIFTY Hold Long taken at 10345.28 On 18-02-2014 StopLoss 10345.68 | Profit so far 276.32
RELIANCE Hold Short taken at 883.1 On 20-01-2014 StopLoss 821.9 | Profit so far 68.5

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Major Mkt Activity on 19 Feb 201

Long Build Up: CNXIT, HDFCBANK, HCLTECH, BHARATFORG, LT
Short Covering: GSKCONS, ADANIENT, HAVELLS, CESC, AUROPHARMA

Short Build Up: IFCI, BANKINDIA, SRTRANSFIN, TATAPOWER, GLENMARK
Long Unwinding: ZEEL, TATASTEEL, PFC, SYNDIBANK, BATAINDIA

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Important Levels for 20 Feb 2014

NIFTY : Levels to watch are 6178.15 and 6139.95
BANKNIFTY : Levels to watch are 10686.4 and 10556.8
RELIANCE : Levels to watch are 819.77 and 809.42
SBIN : Levels to watch are 1520.68 and 1500.22

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Against Trend Calls for 19 Feb 2014

CNXIT -> On Short Side at open or spikes
HINDZINC -> On Long Side at open or dips
LUPIN -> On Short Side at open or spikes
M&M -> On Short Side at open or spikes
PFC -> On Short Side at open or spikes
NHPC -> On Long Side at open or dips
HEROMOTOCO -> On Short Side at open or spikes

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Trend Trading Levels for 19 Feb 2014

BANKNIFTY Bought at 10345.28 StopLoss 10200.58
NIFTY Hold Long taken at 6099.82 On 17-02-2014 StopLoss 6039.82 | Profit so far 38.98
RELIANCE Hold Short taken at 883.1 On 20-01-2014 StopLoss 822.43 | Profit so far 67.8
SBIN Hold Short taken at 1639.87 On 24-01-2014 StopLoss 1504.9 | Profit so far 136.22

Posted in FnO |