Important Levels for 09 Jun 2014

NIFTY : Levels to watch are 7635.58 and 7545.92
BANKNIFTY : Levels to watch are 15706.65 and 15434.25
RELIANCE : Levels to watch are 1140.2 and 1111.8
SBIN : Levels to watch are 2765.75 and 2720.05

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Against Trend Calls for 05 Jun 2014

NIFTY -> On Short Side at open or spikes
AMBUJACEM -> On Short Side at open or spikes
BHEL -> On Short Side at open or spikes
CAIRN -> On Short Side at open or spikes
GRASIM -> On Short Side at open or spikes
HAVELLS -> On Short Side at open or spikes
HINDZINC -> On Short Side at open or spikes
INDIACEM -> On Short Side at open or spikes
ONGC -> On Short Side at open or spikes
TATASTEEL -> On Short Side at open or spikes
ULTRACEMCO -> On Short Side at open or spikes
MRF -> On Short Side at open or spikes
JUBLFOOD -> On Short Side at open or spikes
SSLT -> On Short Side at open or spikes

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Trend Trading Levels for 05 Jun 2014

NIFTY Hold Long taken at 7323.1 On 02-06-2014 StopLoss 7329.47 | Profit so far 93.3
BANKNIFTY Hold Long taken at 15199.57 On 02-06-2014 StopLoss 14981.55 | Profit so far 98.38
RELIANCE Hold Long taken at 1095.57 On 03-06-2014 StopLoss 1078.72 | Profit so far -10.02
SBIN Hold Long taken at 2639.05 On 02-06-2014 StopLoss 2599.7 | Profit so far 51.6

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Major Mkt Activity on 04 Jun 201

Long Build Up: IDBI, UNIONBANK, JSWENERGY, NMDC, CESC
Short Covering: HEROMOTOCO, BPCL, HINDALCO, ADANIPORTS, EXIDEIND

Short Build Up: IDEA, JUSTDIAL, HCLTECH, GODREJIND, SRTRANSFIN
Long Unwinding: NIFTY, HDFC, AMBUJACEM, COALINDIA, IOC

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