Trend Trading Levels for 14 Aug 2014

NIFTY Hold Long taken at 7673.3 On 12-08-2014 StopLoss 7660.3 | Profit so far 73.05
BANKNIFTY Hold Long taken at 15039.3 On 12-08-2014 StopLoss 14869.83 | Profit so far -98.6
RELIANCE Hold Long taken at 992.75 On 12-08-2014 StopLoss 981.18 | Profit so far -0.45
SBIN Hold Short taken at 2539.4 On 21-07-2014 StopLoss 2447.75 | Profit so far 165.65

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Major Mkt Activity on 13 Aug 201

Long Build Up: DABUR, APOLLOHOSP, HDFC, CNXIT, SUNPHARMA
Short Covering: GLENMARK, HINDPETRO, DIVISLAB, OFSS, NTPC

Short Build Up: COLPAL, SUNTV, ORIENTBANK, NIFTY, BHEL
Long Unwinding: IRB, GAIL, HEXAWARE, TATAMOTORS, PETRONET

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Important Levels for 14 Aug 2014

NIFTY : Levels to watch are 7781.48 and 7711.23
BANKNIFTY : Levels to watch are 15061.2 and 14820.2
RELIANCE : Levels to watch are 1001.2 and 983.4
SBIN : Levels to watch are 2416.4 and 2331.1

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Against Trend Calls for 13 Aug 2014

AUROPHARMA -> On Short Side at open or spikes
IDBI -> On Long Side at open or dips
M&M -> On Short Side at open or spikes
TATAMOTORS -> On Short Side at open or spikes
JPPOWER -> On Long Side at open or dips
ADANIENT -> On Short Side at open or spikes
TATAMTRDVR -> On Short Side at open or spikes
M&MFIN -> On Short Side at open or spikes

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Trend Trading Levels for 13 Aug 2014

NIFTY Bought at 7673.3 StopLoss 7611.68
BANKNIFTY Bought at 15039.3 StopLoss 14830.18
RELIANCE Bought at 992.75 StopLoss 978.88
SBIN Hold Short taken at 2539.4 On 21-07-2014 StopLoss 2452.3 | Profit so far 96.85

Posted in FnO |