Important Levels for 25 May 2016

NIFTY : Levels to watch are 7782.65 and 7735.95
BANKNIFTY : Levels to watch are 16560.57 and 16415.62
RELIANCE : Levels to watch are 947.88 and 934.62
SBIN : Levels to watch are 172.15 and 167.85

Posted in FnO |

Against Trend Calls for 24 May 2016

ITC -> On Short Side at open or spikes
JETAIRWAYS -> On Long Side at open or dips
RELIANCE -> On Long Side at open or dips
TATAPOWER -> On Short Side at open or spikes
JSWENERGY -> On Long Side at open or dips
PIDILITIND -> On Short Side at open or spikes

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Trend Trading Levels for 24 May 2016

NIFTY Hold Short taken at 7829.17 On 19-05-2016 StopLoss 7838.85 | Profit so far 84.32
BANKNIFTY Hold Short taken at 16597.25 On 19-05-2016 StopLoss 16863.05 | Profit so far 167.85
RELIANCE Hold Short taken at 975.67 On 17-05-2016 StopLoss 957.02 | Profit so far 42.42
SBIN Hold Short taken at 184.05 On 11-05-2016 StopLoss 176.22 | Profit so far 15.25

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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

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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 |