Important Levels for 08 May 2014

NIFTY : Levels to watch are 6720.65 and 6642.65
BANKNIFTY : Levels to watch are 13101.15 and 12925.15
RELIANCE : Levels to watch are 964.53 and 948.78
SBIN : Levels to watch are 2096.4 and 2054.7

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Against Trend Calls for 06 May 2014

ACC -> On Long Side at open or dips
BATAINDIA -> On Long Side at open or dips
CESC -> On Long Side at open or dips
DRREDDY -> On Short Side at open or spikes
HINDUNILVR -> On Long Side at open or dips
IOB -> On Short Side at open or spikes
IOC -> On Short Side at open or spikes
OFSS -> On Long Side at open or dips
IGL -> On Short Side at open or spikes
UPL -> On Short Side at open or spikes

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Trend Trading Levels for 06 May 2014

SBIN Hold Long taken at 2018.82 On 17-04-2014 StopLoss 2041.58 | Profit so far 33.78
NIFTY Hold Short taken at 6808.43 On 29-04-2014 StopLoss 6795.38 | Profit so far 72.93
BANKNIFTY Hold Short taken at 13010.43 On 29-04-2014 StopLoss 13129.52 | Profit so far 36.78
RELIANCE Hold Short taken at 960.72 On 25-04-2014 StopLoss 955.3 | Profit so far 16.87

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Major Mkt Activity on 05 May 201

Long Build Up: CANBK, CENTURYTEX, ALBK, BPCL, GRASIM
Short Covering: JSWENERGY, PETRONET, ASIANPAINT, JINDALSTEL, APOLLOHOSP

Short Build Up: JUSTDIAL, SUNTV, HCLTECH, CIPLA, HAVELLS
Long Unwinding: GSKCONS, IOB, RELCAPITAL, M&MFIN, ZEEL

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Important Levels for 06 May 2014

NIFTY : Levels to watch are 6768.88 and 6702.12
BANKNIFTY : Levels to watch are 13088.6 and 12858.7
RELIANCE : Levels to watch are 1000.38 and 887.32
SBIN : Levels to watch are 2072.05 and 2033.15

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Against Trend Calls for 05 May 2014

DABUR -> On Short Side at open or spikes
DLF -> On Long Side at open or dips
IOB -> On Short Side at open or spikes
M&M -> On Long Side at open or dips
RCOM -> On Long Side at open or dips
TATACOMM -> On Long Side at open or dips
MCLEODRUSS -> On Long Side at open or dips
NHPC -> On Long Side at open or dips
JSWENERGY -> On Long Side at open or dips
HEROMOTOCO -> On Short Side at open or spikes

Posted in FnO |