Important Levels for 25 May 2017

NIFTY : Levels to watch are 9414.8 and 9314.9
BANKNIFTY : Levels to watch are 22633.05 and 22433.45
RELIANCE : Levels to watch are 1308.08 and 1288.53
SBIN : Levels to watch are 287.75 and 279.25

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Against Trend Calls for 24 May 2017

ALBK -> On Long Side at open or dips
BANKINDIA -> On Long Side at open or dips
CUMMINSIND -> On Long Side at open or dips
DRREDDY -> On Long Side at open or dips
GAIL -> On Long Side at open or dips
HCLTECH -> On Short Side at open or spikes
HINDUNILVR -> On Short Side at open or spikes
IDBI -> On Long Side at open or dips
ITC -> On Short Side at open or spikes
LUPIN -> On Long Side at open or dips
STAR -> On Long Side at open or dips
UPL -> On Long Side at open or dips
PIDILITIND -> On Long Side at open or dips

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Trend Trading Levels for 24 May 2017

NIFTY Hold Short taken at 9462.87 On 18-05-2017 StopLoss 9489.48 | Profit so far 72.42
BANKNIFTY Hold Short taken at 22776.58 On 18-05-2017 StopLoss 22853 | Profit so far 201.88
RELIANCE Hold Short taken at 1344.12 On 15-05-2017 StopLoss 1333.35 | Profit so far 37.47
SBIN Hold Short taken at 303.12 On 22-05-2017 StopLoss 307.15 | Profit so far 13.92

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Major Mkt Activity on 23 May 201

Long Build Up: NIFTYIT, ICICIBANK, HEROMOTOCO, HCLTECH, INDUSINDBK
Short Covering: CEATLTD, PVR, RECLTD, CONCOR, M&M

Short Build Up: LT, LUPIN, ADANIPORTS, BAJAJ-AUTO, NHPC
Long Unwinding: BANKINDIA, SINTEX, JINDALSTEL, ORIENTBANK, IGL

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Important Levels for 24 May 2017

NIFTY : Levels to watch are 9436.95 and 9343.95
BANKNIFTY : Levels to watch are 22694.7 and 22454.7
RELIANCE : Levels to watch are 1320.15 and 1293.15
SBIN : Levels to watch are 293.4 and 285

Posted in FnO |