Important Levels for 06 May 2015

NIFTY : Levels to watch are 8405.88 and 8317.53
BANKNIFTY : Levels to watch are 18650.38 and 18465.43
RELIANCE : Levels to watch are 895.8 and 878.1
SBIN : Levels to watch are 276.27 and 270.52

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Against Trend Calls for 05 May 2015

AXISBANK -> On Short Side at open or spikes
BHARATFORG -> On Short Side at open or spikes
CROMPGREAV -> On Short Side at open or spikes
DLF -> On Short Side at open or spikes
IFCI -> On Short Side at open or spikes
IOB -> On Short Side at open or spikes
SIEMENS -> On Short Side at open or spikes
SUNPHARMA -> On Short Side at open or spikes
UNITECH -> On Short Side at open or spikes
VOLTAS -> On Short Side at open or spikes
YESBANK -> On Short Side at open or spikes
DISHTV -> On Short Side at open or spikes
HEXAWARE -> On Long Side at open or dips
TATAGLOBAL -> On Short Side at open or spikes
JUBLFOOD -> On Short Side at open or spikes
EICHERMOT -> On Short Side at open or spikes
MOTHERSUMI -> On Short Side at open or spikes

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Trend Trading Levels for 05 May 2015

NIFTY Bought at 8289.45 StopLoss 8202.37| Profit so far 82.8
BANKNIFTY Bought at 18397.3 StopLoss 18248.97| Profit so far 201.9
RELIANCE Bought at 873.07 StopLoss 851.4| Profit so far 12.33
SBIN Bought at 273.57 StopLoss 269.35| Profit so far 4.93

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Swing Trading for 05 May 2015

1. CIPLA Buy Above 672.02
2. HDIL Buy Above 119.65
3. RELINFRA Buy Above 437.96
4. LUPIN Buy Above 1843.98
5. ASHOKLEY Buy Above 70.77
6. M&M Buy Above 1213.56
7. RELIANCE Buy Above 882.13
8. SBIN Buy Above 281.59
9. AUROPHARMA Buy Above 1305.24
10. HINDPETRO Buy Above 637.82
11. IDFC Buy Above 169.29

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Major Mkt Activity on 04 May 201

Long Build Up: YESBANK, ORIENTBANK
Short Covering: JUSTDIAL, GODREJIND, HAVELLS, NIFTY, TVSMOTOR

Short Build Up: SRTRANSFIN, SKSMICRO, EXIDEIND
Long Unwinding: PETRONET, HEXAWARE, IBULHSGFIN, TECHM, MCLEODRUSS

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