Against Trend Calls for 17 May 2012

NIFTY -> On Long Side at open or dips
BANKNIFTY -> On Long Side at open or dips
MINIFTY -> On Long Side at open or dips
ABB -> On Long Side at open or dips
ASHOKLEY -> On Long Side at open or dips
AXISBANK -> On Long Side at open or dips
BEL -> On Long Side at open or dips
BHARATFORG -> On Long Side at open or dips
CENTRALBK -> On Long Side at open or dips
CROMPGREAV -> On Long Side at open or dips
GMRINFRA -> On Long Side at open or dips
HAVELLS -> On Long Side at open or dips
HCLTECH -> On Long Side at open or dips
HDFCBANK -> On Long Side at open or dips
ICICIBANK -> On Long Side at open or dips
IDFC -> On Long Side at open or dips
INDIANB -> On Long Side at open or dips
INDUSINDBK -> On Long Side at open or dips
JPASSOCIAT -> On Long Side at open or dips
KTKBANK -> On Long Side at open or dips
MARUTI -> On Long Side at open or dips
NTPC -> On Long Side at open or dips
ORCHIDCHEM -> On Long Side at open or dips
ORIENTBANK -> On Long Side at open or dips
PANTALOONR -> On Long Side at open or dips
PATELENG -> On Long Side at open or dips
PRAJIND -> On Long Side at open or dips
RCOM -> On Long Side at open or dips
RELCAPITAL -> On Long Side at open or dips
TATAMOTORS -> On Long Side at open or dips
TATAPOWER -> On Long Side at open or dips
TTML -> On Long Side at open or dips
YESBANK -> On Long Side at open or dips
RECLTD -> On Long Side at open or dips
RELINFRA -> On Long Side at open or dips
ARVIND -> On Long Side at open or dips
SINTEX -> On Long Side at open or dips
ADANIENT -> On Long Side at open or dips
GODREJIND -> On Long Side at open or dips
GMDCLTD -> On Long Side at open or dips
OIL -> On Long Side at open or dips
RAYMOND -> On Long Side at open or dips
SOUTHBANK -> On Long Side at open or dips
GUJFLUORO -> On Long Side at open or dips
JSWISPAT -> On Long Side at open or dips
ADANIPORTS -> On Long Side at open or dips

Trend Trading Levels for 17 May 2012

NIFTY Hold Short taken at 5225.73 On 03-05-2012 StopLoss 4927.77 ->Reverse Trade StopLoss 4850.78| Profit so far 368.83
BANKNIFTY Hold Short taken at 10455.42 On 23-04-2012 StopLoss 9317.67 ->Reverse Trade StopLoss 9072.37| Profit so far 1347.37
RELIANCE Hold Short taken at 744.42 On 20-04-2012 StopLoss 686.75 ->Reverse Trade StopLoss 671.02| Profit so far 72.02
SBIN Hold Short taken at 2260.68 On 23-04-2012 StopLoss 1851.93 ->Reverse Trade StopLoss 1791.12| Profit so far 451.63

Major Mkt Activity on 16 May 201

Long Build Up: BPCL, KOTAKBANK, HINDPETRO, DELTACORP, IRB
Short Covering: JISLJALEQS, UNITECH, UNIPHOS, ADANIPOWER, POWERGRID

Short Build Up: NMDC, YESBANK, ABIRLANUVO, DISHTV, HDFC
Long Unwinding: TATAMTRDVR, APOLLOTYRE, EDUCOMP, GESHIP, DIVISLAB