Swing Trading for 23 Jan 2017

1. ADANIPOWER Sell Below 33.07
2. AXISBANK Sell Below 463.11
3. CANBK Sell Below 274.59
4. IDEA Buy Above 71.98
5. ADANIPORTS Sell Below 286.47
6. BANKBARODA Sell Below 155.78
7. SBIN Sell Below 250.75
8. SUNTV Sell Below 522.74

Posted in FnO |

Major Mkt Activity on 20 Jan 201

Long Build Up: CESC, HAVELLS, BOSCHLTD, MOTHERSUMI, MCDOWELL-N
Short Covering: NIITTECH, ASIANPAINT, EXIDEIND, IDEA, YESBANK

Short Build Up: CANBK, PFC, AXISBANK, LUPIN, HDFC
Long Unwinding: TORNTPOWER, SAIL, HDIL, JISLJALEQS, AMBUJACEM

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Important Levels for 23 Jan 2017

NIFTY : Levels to watch are 8403.55 and 8321.75
BANKNIFTY : Levels to watch are 19000.42 and 18722.97
RELIANCE : Levels to watch are 1034.22 and 1020.78
SBIN : Levels to watch are 256.7 and 246.6

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Against Trend Calls for 20 Jan 2017

BHEL -> On Short Side at open or spikes
HINDUNILVR -> On Short Side at open or spikes
JPASSOCIAT -> On Short Side at open or spikes
VOLTAS -> On Short Side at open or spikes
SINTEX -> On Short Side at open or spikes
OIL -> On Long Side at open or dips
CADILAHC -> On Short Side at open or spikes
PCJEWELLER -> On Long Side at open or dips

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Trend Trading Levels for 20 Jan 2017

NIFTY Hold Long taken at 8024.77 On 27-12-2016 StopLoss 8402.52 | Profit so far 418.18
BANKNIFTY Hold Long taken at 17941.25 On 29-12-2016 StopLoss 19061.6 | Profit so far 1209.7
SBIN Hold Long taken at 249.47 On 11-01-2017 StopLoss 256.13 | Profit so far 9.53
RELIANCE Hold Short taken at 1075.68 On 04-01-2017 StopLoss 1056.58 | Profit so far 39.73

Posted in FnO |