Major Mkt Activity on 04 May 201

Long Build Up: BIOCON, MCDOWELL-N, FEDERALBNK, JETAIRWAYS, HINDUNILVR
Short Covering: TVSMOTOR, MRF, NTPC, INDUSINDBK, COALINDIA

Short Build Up: ICIL, UBL, IOB, ADANIPORTS, ICICIBANK
Long Unwinding: BANKNIFTY, KPIT, IOC, AXISBANK, NMDC

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Options Highlights On 04 May 201

Highest OI : NIFTY7700PE NIFTY8000CE
Highest Rise in OI : NIFTY7500PE NIFTY8100CE
Highest Fall in OI : NIFTY7700PE NIFTY7000CE
Highest Volume : NIFTY7700PE NIFTY7800CE

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Important Levels for 05 May 2016

NIFTY : Levels to watch are 7764.75 and 7700.75
BANKNIFTY : Levels to watch are 16469.15 and 16252.25
RELIANCE : Levels to watch are 986.88 and 975.93
SBIN : Levels to watch are 182.98 and 177.92

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Against Trend Calls for 04 May 2016

BIOCON -> On Short Side at open or spikes
DABUR -> On Short Side at open or spikes
STAR -> On Short Side at open or spikes
TATAPOWER -> On Short Side at open or spikes
SRTRANSFIN -> On Short Side at open or spikes
OIL -> On Short Side at open or spikes
UPL -> On Short Side at open or spikes
SKSMICRO -> On Short Side at open or spikes
VEDL -> On Short Side at open or spikes

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Trend Trading Levels for 04 May 2016

BANKNIFTY Sold at 16619.17 StopLoss 16840.83| Profit so far 152.92
NIFTY Hold Short taken at 7871.1 On 28-04-2016 StopLoss 7924.8 | Profit so far 87.3
RELIANCE Hold Short taken at 1051.58 On 20-04-2016 StopLoss 1001.9 | Profit so far 69.88
SBIN Hold Short taken at 195.27 On 28-04-2016 StopLoss 190.97 | Profit so far 11.12

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