Trend Trading Levels for 16 May 2012

NIFTY Hold Short taken at 5225.73 On 03-05-2012 StopLoss 4986.92 ->Reverse Trade StopLoss 4875.05| Profit so far 283.48
BANKNIFTY Hold Short taken at 10455.42 On 23-04-2012 StopLoss 9426.97 ->Reverse Trade StopLoss 9161.03| Profit so far 1170.67
RELIANCE Hold Short taken at 744.42 On 20-04-2012 StopLoss 693.53 ->Reverse Trade StopLoss 676.68| Profit so far 67.02
SBIN Hold Short taken at 2260.68 On 23-04-2012 StopLoss 1869.17 ->Reverse Trade StopLoss 1801.07| Profit so far 417.83

Major Mkt Activity on 15 May 201

Long Build Up: SUNTV, BPCL, SAIL, COLPAL, HCLTECH
Short Covering: BOMDYEING, TTKPRESTIG, MCDOWELL-N, TATAMTRDVR, INFY

Short Build Up: TATACHEM, ASHOKLEY, JETAIRWAYS, EXIDEIND, NCC
Long Unwinding: ABB, MARUTI, NTPC, HINDUNILVR, OFSS

Against Trend Calls for 15 May 2012

ACC -> On Long Side at open or dips
BEL -> On Long Side at open or dips
BHARATFORG -> On Long Side at open or dips
GRASIM -> On Long Side at open or dips
INDIANB -> On Long Side at open or dips
JSWSTEEL -> On Long Side at open or dips
MCDOWELL-N -> On Long Side at open or dips
ONGC -> On Long Side at open or dips
POWERGRID -> On Long Side at open or dips
SUNPHARMA -> On Long Side at open or dips
TATAPOWER -> On Long Side at open or dips
TECHM -> On Long Side at open or dips
IRB -> On Long Side at open or dips
OPTOCIRCUI -> On Long Side at open or dips
JPPOWER -> On Long Side at open or dips
SRTRANSFIN -> On Long Side at open or dips
SOUTHBANK -> On Long Side at open or dips
JSWISPAT -> On Long Side at open or dips

Trend Trading Levels for 15 May 2012

NIFTY Hold Short taken at 5225.73 On 03-05-2012 StopLoss 5017.27 ->Reverse Trade StopLoss 4903.57| Profit so far 337.48
BANKNIFTY Hold Short taken at 10455.42 On 23-04-2012 StopLoss 9501.95 ->Reverse Trade StopLoss 9231| Profit so far 1275.72
RELIANCE Hold Short taken at 744.42 On 20-04-2012 StopLoss 700.17 ->Reverse Trade StopLoss 682.4| Profit so far 67.37
SBIN Hold Short taken at 2260.68 On 23-04-2012 StopLoss 1894.12 ->Reverse Trade StopLoss 1805.62| Profit so far 447.78