Trend Trading Levels for 09 May 2012

NIFTY Hold Short taken at 5225.73 On 03-05-2012 StopLoss 5148.97 ->Reverse Trade StopLoss 5023.53| Profit so far 220.13
BANKNIFTY Hold Short taken at 10455.42 On 23-04-2012 StopLoss 9985.62 ->Reverse Trade StopLoss 9574.57| Profit so far 898.57
RELIANCE Hold Short taken at 744.42 On 20-04-2012 StopLoss 724.7 ->Reverse Trade StopLoss 705.72| Profit so far 40.12
SBIN Hold Short taken at 2260.68 On 23-04-2012 StopLoss 2047.82 ->Reverse Trade StopLoss 1920.77| Profit so far 317.73

Major Mkt Activity on 08 May 201

Long Build Up: CESC, ASIANPAINT, COALINDIA, RUCHISOYA
Short Covering: PETRONET, TTKPRESTIG, BEML, IVRCLINFRA, UNIPHOS

Short Build Up: CENTRALBK, SRTRANSFIN, CNXIT, INDIANB, WIPRO
Long Unwinding: IOB, MRF, BFUTILITIE, JETAIRWAYS, ARVIND

Against Trend Calls for 08 May 2012

NIFTY -> On Long Side at open or dips
BANKNIFTY -> On Long Side at open or dips
MINIFTY -> On Long Side at open or dips
ABAN -> On Long Side at open or dips
ABIRLANUVO -> On Long Side at open or dips
ASHOKLEY -> On Long Side at open or dips
AXISBANK -> On Long Side at open or dips
BAJAJHIND -> On Long Side at open or dips
BANKBARODA -> On Long Side at open or dips
BEML -> On Long Side at open or dips
BIOCON -> On Long Side at open or dips
CAIRN -> On Long Side at open or dips
CENTRALBK -> On Long Side at open or dips
CHAMBLFERT -> On Long Side at open or dips
CIPLA -> On Short Side at open or spikes
CUMMINSIND -> On Long Side at open or dips
GMRINFRA -> On Long Side at open or dips
HDFCBANK -> On Long Side at open or dips
HINDALCO -> On Long Side at open or dips
INDIAINFO -> On Long Side at open or dips
INDIANB -> On Long Side at open or dips
IOB -> On Long Side at open or dips
ITC -> On Long Side at open or dips
IVRCLINFRA -> On Long Side at open or dips
JPASSOCIAT -> On Long Side at open or dips
MCDOWELL-N -> On Long Side at open or dips
MRPL -> On Long Side at open or dips
PANTALOONR -> On Long Side at open or dips
PFC -> On Long Side at open or dips
POWERGRID -> On Long Side at open or dips
PRAJIND -> On Long Side at open or dips
RELIANCE -> On Long Side at open or dips
ROLTA -> On Long Side at open or dips
SBIN -> On Long Side at open or dips
SYNDIBANK -> On Long Side at open or dips
UNIONBANK -> On Long Side at open or dips
UNITECH -> On Long Side at open or dips
IRB -> On Long Side at open or dips
RECLTD -> On Long Side at open or dips
BAJAJ-AUTO -> On Long Side at open or dips
GVKPIL -> On Long Side at open or dips
MRF -> On Long Side at open or dips
SINTEX -> On Long Side at open or dips
UCOBANK -> On Long Side at open or dips
JISLJALEQS -> On Long Side at open or dips
WELCORP -> On Long Side at open or dips
GMDCLTD -> On Long Side at open or dips
ADANIPOWER -> On Long Side at open or dips
SRTRANSFIN -> On Long Side at open or dips
OIL -> On Long Side at open or dips
NCC -> On Long Side at open or dips
COALINDIA -> On Long Side at open or dips
HEROMOTOCO -> On Long Side at open or dips