Trend Trading Levels for 12 Nov 2014

NIFTY Hold Long taken at 8050.8 On 29-10-2014 StopLoss 8338.62 | Profit so far 345.05
BANKNIFTY Hold Long taken at 15455.4 On 09-10-2014 StopLoss 17300.25 | Profit so far 2046.35
SBIN Hold Long taken at 2444.9 On 09-10-2014 StopLoss 2732.17 | Profit so far 311.4
RELIANCE Hold Short taken at 992.68 On 07-11-2014 StopLoss 997.15 | Profit so far 7.68

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Major Mkt Activity on 11 Nov 201

Long Build Up: UNIONBANK, BANKINDIA, JISLJALEQS, KTKBANK, ANDHRABANK
Short Covering: CESC, ABIRLANUVO, ULTRACEMCO, CROMPGREAV, SRTRANSFIN

Short Build Up: TVSMOTOR, HINDALCO, IOC, UPL, SAIL
Long Unwinding: CNXIT, APOLLOTYRE, COLPAL, VOLTAS, PETRONET

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Important Levels for 12 Nov 2014

NIFTY : Levels to watch are 8423.25 and 8368.45
BANKNIFTY : Levels to watch are 17623.03 and 17380.47
RELIANCE : Levels to watch are 995.95 and 974.05
SBIN : Levels to watch are 2784.23 and 2728.38

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Against Trend Calls for 11 Nov 2014

BANKBARODA -> On Short Side at open or spikes
BPCL -> On Short Side at open or spikes
DRREDDY -> On Short Side at open or spikes
HINDPETRO -> On Short Side at open or spikes
RANBAXY -> On Short Side at open or spikes
SUNPHARMA -> On Short Side at open or spikes
TATACOMM -> On Short Side at open or spikes
UCOBANK -> On Long Side at open or dips
HEROMOTOCO -> On Long Side at open or dips

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Trend Trading Levels for 11 Nov 2014

NIFTY Hold Long taken at 8050.8 On 29-10-2014 StopLoss 8341.43 | Profit so far 328.7
BANKNIFTY Hold Long taken at 15455.4 On 09-10-2014 StopLoss 17270.87 | Profit so far 1907.4
SBIN Hold Long taken at 2444.9 On 09-10-2014 StopLoss 2738.47 | Profit so far 303.8
RELIANCE Hold Short taken at 992.68 On 07-11-2014 StopLoss 1004.38 | Profit so far 16.58

Posted in FnO |