Important Levels for 22 May 2014

NIFTY : Levels to watch are 7320.85 and 7239.15
BANKNIFTY : Levels to watch are 15192.75 and 14880.35
RELIANCE : Levels to watch are 1100 and 1070.1
SBIN : Levels to watch are 2513.02 and 2421.58

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Against Trend Calls for 21 May 2014

NIFTY -> On Short Side at open or spikes
BANKNIFTY -> On Short Side at open or spikes
CNXIT -> On Long Side at open or dips
ABIRLANUVO -> On Short Side at open or spikes
ALBK -> On Short Side at open or spikes
ANDHRABANK -> On Short Side at open or spikes
ASHOKLEY -> On Short Side at open or spikes
AXISBANK -> On Short Side at open or spikes
BANKINDIA -> On Short Side at open or spikes
BATAINDIA -> On Short Side at open or spikes
BHARATFORG -> On Short Side at open or spikes
CESC -> On Short Side at open or spikes
CROMPGREAV -> On Short Side at open or spikes
FEDERALBNK -> On Short Side at open or spikes
GMRINFRA -> On Short Side at open or spikes
HINDALCO -> On Short Side at open or spikes
HINDPETRO -> On Short Side at open or spikes
IDBI -> On Short Side at open or spikes
IDFC -> On Short Side at open or spikes
INDIACEM -> On Short Side at open or spikes
ITC -> On Long Side at open or dips
JPASSOCIAT -> On Short Side at open or spikes
JSWSTEEL -> On Short Side at open or spikes
LT -> On Short Side at open or spikes
NTPC -> On Short Side at open or spikes
ORIENTBANK -> On Short Side at open or spikes
PETRONET -> On Short Side at open or spikes
PFC -> On Short Side at open or spikes
PNB -> On Short Side at open or spikes
POWERGRID -> On Short Side at open or spikes
RELCAPITAL -> On Short Side at open or spikes
SAIL -> On Short Side at open or spikes
SBIN -> On Short Side at open or spikes
SIEMENS -> On Short Side at open or spikes
SYNDIBANK -> On Short Side at open or spikes
TATAPOWER -> On Short Side at open or spikes
TCS -> On Long Side at open or dips
UNIONBANK -> On Short Side at open or spikes
VOLTAS -> On Short Side at open or spikes
RPOWER -> On Short Side at open or spikes
RELINFRA -> On Short Side at open or spikes
PTC -> On Short Side at open or spikes
GODREJIND -> On Short Side at open or spikes
EXIDEIND -> On Short Side at open or spikes
TATAGLOBAL -> On Short Side at open or spikes
ADANIPOWER -> On Short Side at open or spikes
APOLLOHOSP -> On Long Side at open or dips

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Trend Trading Levels for 21 May 2014

NIFTY Hold Long taken at 6747.9 On 09-05-2014 StopLoss 7214.47 | Profit so far 552.7
BANKNIFTY Hold Long taken at 13132.65 On 09-05-2014 StopLoss 14859.78 | Profit so far 2069.9
RELIANCE Hold Long taken at 955.3 On 06-05-2014 StopLoss 1080.75 | Profit so far 130.45
SBIN Hold Long taken at 2018.82 On 17-04-2014 StopLoss 2422.33 | Profit so far 514.38

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Major Mkt Activity on 20 May 201

Long Build Up: TATACHEM, DISHTV, IDEA, ANDHRABANK, HCLTECH
Short Covering: SSLT, BIOCON, CESC, JUSTDIAL, ALBK

Short Build Up: COALINDIA, HAVELLS, NTPC, UBL, PETRONET
Long Unwinding: M&MFIN, BPCL, HEROMOTOCO, SIEMENS, PTC

Posted in FnO |