Major Mkt Activity on 23 May 201

Long Build Up: POWERGRID, TATACHEM, CESC, ITC, ICICIBANK
Short Covering: CADILAHC, HDIL, TORNTPHARM, CROMPGREAV, ADANIENT

Short Build Up: AMARAJABAT, JUSTDIAL, IDFC, CASTROLIND, NTPC
Long Unwinding: GMRINFRA, ORIENTBANK, SRF, BANKBARODA, SAIL

Posted in FnO |

Important Levels for 24 May 2016

NIFTY : Levels to watch are 7784.53 and 7705.17
BANKNIFTY : Levels to watch are 16553.4 and 16305.4
RELIANCE : Levels to watch are 939.92 and 926.58
SBIN : Levels to watch are 171.05 and 166.55

Posted in FnO |

Against Trend Calls for 23 May 2016

PETRONET -> On Long Side at open or dips
SUNTV -> On Long Side at open or dips
WIPRO -> On Short Side at open or spikes
EXIDEIND -> On Short Side at open or spikes
EICHERMOT -> On Long Side at open or dips
CEATLTD -> On Long Side at open or dips
DHFL -> On Long Side at open or dips

Posted in FnO |

Trend Trading Levels for 23 May 2016

NIFTY Hold Short taken at 7829.17 On 19-05-2016 StopLoss 7875.85 | Profit so far 65.82
BANKNIFTY Hold Short taken at 16597.25 On 19-05-2016 StopLoss 16916.38 | Profit so far 91.4
RELIANCE Hold Short taken at 975.67 On 17-05-2016 StopLoss 968.5 | Profit so far 38.32
SBIN Hold Short taken at 184.05 On 11-05-2016 StopLoss 178.97 | Profit so far 12.4

Posted in FnO |