Important Levels for 16 Jun 2014

NIFTY : Levels to watch are 7629.88 and 7490.12
BANKNIFTY : Levels to watch are 15445.95 and 14881.05
RELIANCE : Levels to watch are 1101.85 and 1063.95
SBIN : Levels to watch are 2676.85 and 2544.05

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Against Trend Calls for 13 Jun 2014

HDIL -> On Long Side at open or dips
IRB -> On Long Side at open or dips
JPPOWER -> On Long Side at open or dips
GLENMARK -> On Short Side at open or spikes
APOLLOHOSP -> On Short Side at open or spikes
M&MFIN -> On Long Side at open or dips

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Trend Trading Levels for 13 Jun 2014

NIFTY Hold Long taken at 7323.1 On 02-06-2014 StopLoss 7602.67 | Profit so far 341.55
BANKNIFTY Hold Long taken at 15199.57 On 02-06-2014 StopLoss 15359.55 | Profit so far 336.78
RELIANCE Hold Short taken at 1108.65 On 11-06-2014 StopLoss 1123.45 | Profit so far 9.45
SBIN Hold Short taken at 2696.8 On 10-06-2014 StopLoss 2726.17 | Profit so far -7.1

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Major Mkt Activity on 12 Jun 201

Long Build Up: BIOCON, COLPAL, EXIDEIND, ONGC, ASHOKLEY
Short Covering: HINDALCO, VOLTAS, GLENMARK, CESC, GODREJIND

Short Build Up: M&MFIN, ZEEL, L&TFH, JISLJALEQS, IOB
Long Unwinding: CNXIT, DISHTV, INDIACEM, HDIL, RECLTD

Posted in FnO |