Against Trend Calls for 05 May 2014

DABUR -> On Short Side at open or spikes
DLF -> On Long Side at open or dips
IOB -> On Short Side at open or spikes
M&M -> On Long Side at open or dips
RCOM -> On Long Side at open or dips
TATACOMM -> On Long Side at open or dips
MCLEODRUSS -> On Long Side at open or dips
NHPC -> On Long Side at open or dips
JSWENERGY -> On Long Side at open or dips
HEROMOTOCO -> On Short Side at open or spikes

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Trend Trading Levels for 05 May 2014

SBIN Hold Long taken at 2018.82 On 17-04-2014 StopLoss 2051.28 | Profit so far 34.98
NIFTY Hold Short taken at 6808.43 On 29-04-2014 StopLoss 6810.35 | Profit so far 81.73
BANKNIFTY Hold Short taken at 13010.43 On 29-04-2014 StopLoss 13183.55 | Profit so far 76.38
RELIANCE Hold Short taken at 960.72 On 25-04-2014 StopLoss 954.9 | Profit so far 30.72

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Major Mkt Activity on 02 May 201

Long Build Up: GLENMARK, CNXIT, CENTURYTEX, IDBI, HDFC
Short Covering: TATAPOWER, ZEEL, EXIDEIND, RECLTD, ASIANPAINT

Short Build Up: JINDALSTEL, TATASTEEL, RELIANCE, ADANIPORTS, RELCAPITAL
Long Unwinding: GSKCONS, IOB, GODREJIND, INDIACEM, M&M

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Important Levels for 05 May 2014

NIFTY : Levels to watch are 6755.92 and 6697.48
BANKNIFTY : Levels to watch are 13029.6 and 12838.5
RELIANCE : Levels to watch are 939.58 and 920.42
SBIN : Levels to watch are 2082.38 and 2025.23

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Trend Trading Levels for 01 May 2014

SBIN Hold Long taken at 2018.82 On 17-04-2014 StopLoss 2053.22 | Profit so far 56.78
NIFTY Hold Short taken at 6808.43 On 29-04-2014 StopLoss 6832 | Profit so far 81.98
BANKNIFTY Hold Short taken at 13010.43 On 29-04-2014 StopLoss 13230.97 | Profit so far 74.38
RELIANCE Hold Short taken at 960.72 On 25-04-2014 StopLoss 958.43 | Profit so far 23.92

Posted in FnO |