Trend Trading Levels for 17 Jan 2013

BANKNIFTY Sold at 12694.1 StopLoss 12909.28
NIFTY Hold Long taken at 6040.2 On 14-01-2013 StopLoss 6010.92 ->Reverse Trade StopLoss 6079.6| Profit so far -20.95
RELIANCE Hold Short taken at 852.48 On 11-01-2013 StopLoss 862.67 ->Reverse Trade StopLoss 843.82| Profit so far -9.92
SBIN Hold Short taken at 2505.5 On 11-01-2013 StopLoss 2526.1 ->Reverse Trade StopLoss 2463.67| Profit so far 61.35

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Major Mkt Activity on 16 Jan 201

Long Build Up: HCLTECH, HDIL, DRREDDY
Short Covering: ASHOKLEY, IGL, JUBLFOOD, RANBAXY, DABUR

Short Build Up: SESAGOA, ZEEL, RENUKA, EXIDEIND, IBREALEST
Long Unwinding: GODREJIND, SYNDIBANK, BANKNIFTY, HAVELLS, ARVIND

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Important Levels for 17 Jan 2013

NIFTY : Levels to watch are 6051.47 and 5987.03
BANKNIFTY : Levels to watch are 12799.78 and 12556.53
RELIANCE : Levels to watch are 875.53 and 849.28
SBIN : Levels to watch are 2480.65 and 2407.65

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Against Trend Calls for 16 Jan 2013

CNXIT -> On Short Side at open or spikes
ABIRLANUVO -> On Short Side at open or spikes
DLF -> On Short Side at open or spikes
HCLTECH -> On Short Side at open or spikes
SUNPHARMA -> On Long Side at open or dips
UNITECH -> On Short Side at open or spikes
SINTEX -> On Short Side at open or spikes
INFY -> On Short Side at open or spikes
JSWENERGY -> On Short Side at open or spikes

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Trend Trading Levels for 16 Jan 2013

BANKNIFTY Bought at 12877.53 StopLoss 12694.1
NIFTY Hold Long taken at 6040.2 On 14-01-2013 StopLoss 5996.93 ->Reverse Trade StopLoss 6067.08| Profit so far 41.1
RELIANCE Hold Short taken at 852.48 On 11-01-2013 StopLoss 857.42 ->Reverse Trade StopLoss 841.23| Profit so far 1.28
SBIN Hold Short taken at 2505.5 On 11-01-2013 StopLoss 2541.77 ->Reverse Trade StopLoss 2485.08| Profit so far 1.3

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Major Mkt Activity on 15 Jan 201

Long Build Up: IOC, IDEA, HAVELLS, AXISBANK, JPASSOCIAT
Short Covering: AMBUJACEM, GAIL, ITC, GSPL, ORIENTBANK

Short Build Up: COLPAL, ASHOKLEY, JPPOWER, RECLTD, JUBLFOOD
Long Unwinding: TCS, PETRONET, HDFC, UNITECH, IDFC

Posted in FnO |