Trend Trading Levels for 21 Dec 2016

BANKNIFTY Sold at 18232.63 StopLoss 18376.07| Profit so far 120.73
SBIN Sold at 261.62 StopLoss 265.07| Profit so far 6.17
RELIANCE Hold Long taken at 1009.37 On 06-12-2016 StopLoss 1054.98 | Profit so far 50.23
NIFTY Hold Short taken at 8175.55 On 12-12-2016 StopLoss 8157.37 | Profit so far 75.65

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Major Mkt Activity on 20 Dec 201

Long Build Up: RECLTD, INDIACEM, INFY, AMBUJACEM, WOCKPHARMA
Short Covering: NIFTYIT, SUNTV, ZEEL, GAIL, GRASIM

Short Build Up: BHARATFIN, BANKNIFTY, AUROPHARMA, BAJFINANCE, ALBK
Long Unwinding: IGL, APOLLOTYRE, KSCL, TATACHEM, PIDILITIND

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Important Levels for 21 Dec 2016

NIFTY : Levels to watch are 8131.1 and 8068.7
BANKNIFTY : Levels to watch are 18245.68 and 17978.12
RELIANCE : Levels to watch are 1063.65 and 1055.55
SBIN : Levels to watch are 260.27 and 250.62

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Against Trend Calls for 20 Dec 2016

BIOCON -> On Short Side at open or spikes
CROMPGREAV -> On Long Side at open or dips
DABUR -> On Long Side at open or dips
FEDERALBNK -> On Long Side at open or dips
ONGC -> On Long Side at open or dips
SYNDIBANK -> On Long Side at open or dips
IGL -> On Short Side at open or spikes
COALINDIA -> On Long Side at open or dips
EICHERMOT -> On Long Side at open or dips

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Trend Trading Levels for 20 Dec 2016

BANKNIFTY Hold Long taken at 18589.27 On 25-11-2016 StopLoss 18232.63 | Profit so far -290.32
RELIANCE Hold Long taken at 1009.37 On 06-12-2016 StopLoss 1053.72 | Profit so far 54.48
SBIN Hold Long taken at 260.85 On 30-11-2016 StopLoss 261.62 | Profit so far 1.4
NIFTY Hold Short taken at 8175.55 On 12-12-2016 StopLoss 8200.57 | Profit so far 51.4

Posted in FnO |