Trend Trading Levels for 01 Mar 2016

NIFTY Hold Short taken at 7162.87 On 23-02-2016 StopLoss 7081.65 | Profit so far 153.92
BANKNIFTY Hold Short taken at 14224.98 On 23-02-2016 StopLoss 14013 | Profit so far 235.63
RELIANCE Hold Short taken at 1015.12 On 02-02-2016 StopLoss 973.25 | Profit so far 42.92
SBIN Hold Short taken at 158.5 On 23-02-2016 StopLoss 160 | Profit so far 0.9

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Major Mkt Activity on 29 Feb 201

Long Build Up: IDBI, BPCL, DHFL, TATASTEEL, BANKNIFTY
Short Covering: ICICIBANK, APOLLOTYRE, PNB, ENGINERSIN, IRB

Short Build Up: ONGC, NIFTYIT, ARVIND, AXISBANK, MARUTI
Long Unwinding: RPOWER, GODREJCP, BAJAJ-AUTO, AMARAJABAT, JISLJALEQS

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Important Levels for 01 Mar 2016

NIFTY : Levels to watch are 7156.1 and 6861.8
BANKNIFTY : Levels to watch are 14408.15 and 13570.55
RELIANCE : Levels to watch are 1002.12 and 942.28
SBIN : Levels to watch are 163.53 and 151.68

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Against Trend Calls for 29 Feb 2016

HDFC -> On Short Side at open or spikes
IDEA -> On Long Side at open or dips
IOB -> On Long Side at open or dips
M&M -> On Short Side at open or spikes
PNB -> On Long Side at open or dips
SAIL -> On Long Side at open or dips
SUNPHARMA -> On Short Side at open or spikes
INFY -> On Short Side at open or spikes
COALINDIA -> On Long Side at open or dips
PAGEIND -> On Long Side at open or dips

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Trend Trading Levels for 29 Feb 2016

NIFTY Hold Short taken at 7162.87 On 23-02-2016 StopLoss 7084.25 | Profit so far 107.72
BANKNIFTY Hold Short taken at 14224.98 On 23-02-2016 StopLoss 13924.98 | Profit so far 376.13
RELIANCE Hold Short taken at 1015.12 On 02-02-2016 StopLoss 959.92 | Profit so far 58.37
SBIN Hold Short taken at 158.5 On 23-02-2016 StopLoss 159.2 | Profit so far 2.05

Posted in FnO |