Important Levels for 17 May 2016

NIFTY : Levels to watch are 7946.2 and 7828.2
BANKNIFTY : Levels to watch are 16980.12 and 16597.18
RELIANCE : Levels to watch are 985.58 and 974.42
SBIN : Levels to watch are 182.07 and 172.82

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Against Trend Calls for 16 May 2016

ABIRLANUVO -> On Short Side at open or spikes
KTKBANK -> On Short Side at open or spikes
UNITECH -> On Long Side at open or dips
CONCOR -> On Short Side at open or spikes
COALINDIA -> On Long Side at open or dips
GLENMARK -> On Short Side at open or spikes
IBULHSGFIN -> On Short Side at open or spikes
BAJFINANCE -> On Short Side at open or spikes
BRITANNIA -> On Short Side at open or spikes

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Trend Trading Levels for 16 May 2016

NIFTY Hold Long taken at 7792.37 On 09-05-2016 StopLoss 7815.3 | Profit so far 38.18
BANKNIFTY Hold Long taken at 16489.33 On 09-05-2016 StopLoss 16655.08 | Profit so far 248.77
RELIANCE Hold Long taken at 986.18 On 09-05-2016 StopLoss 975.33 | Profit so far -6.48
SBIN Hold Short taken at 184.05 On 11-05-2016 StopLoss 188.67 | Profit so far -0.7

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Major Mkt Activity on 13 May 201

Long Build Up: SUNTV, RECLTD, GLENMARK, DIVISLAB, KSCL
Short Covering: OIL, APOLLOTYRE, ABIRLANUVO, JUSTDIAL, SKSMICRO

Short Build Up: UCOBANK, RELINFRA, EICHERMOT, UBL, SRF
Long Unwinding: IBREALEST, ENGINERSIN, LICHSGFIN, ICICIBANK, ARVIND

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Important Levels for 16 May 2016

NIFTY : Levels to watch are 7882.8 and 7778.3
BANKNIFTY : Levels to watch are 16917.82 and 16558.38
RELIANCE : Levels to watch are 987.5 and 971.9
SBIN : Levels to watch are 186.92 and 182.58

Posted in FnO |