Important Levels for 10 May 2017

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NIFTY : Levels to watch are 9370.75 and 9330.05
BANKNIFTY : Levels to watch are 22832.15 and 22693.55
RELIANCE : Levels to watch are 1343.5 and 1330.9
SBIN : Levels to watch are 300.1 and 294.8

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Against Trend Calls for 09 May 2017

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ACC -> On Short Side at open or spikes
AMBUJACEM -> On Short Side at open or spikes
FEDERALBNK -> On Short Side at open or spikes
HINDALCO -> On Long Side at open or dips
HINDZINC -> On Long Side at open or dips
ICICIBANK -> On Short Side at open or spikes
WOCKPHARMA -> On Long Side at open or dips
RPOWER -> On Long Side at open or dips
TATACOMM -> On Long Side at open or dips
RELINFRA -> On Long Side at open or dips
MINDTREE -> On Short Side at open or spikes
OIL -> On Long Side at open or dips
GLENMARK -> On Long Side at open or dips
VEDL -> On Long Side at open or dips
PIDILITIND -> On Short Side at open or spikes
CADILAHC -> On Short Side at open or spikes
TORNTPHARM -> On Long Side at open or dips

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Trend Trading Levels for 09 May 2017

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NIFTY Hold Long taken at 9174.85 On 24-04-2017 StopLoss 9317.32 | Profit so far 168.75
BANKNIFTY Hold Long taken at 21666.82 On 24-04-2017 StopLoss 22552.42 | Profit so far 1118.53
SBIN Hold Long taken at 289.1 On 28-04-2017 StopLoss 293.02 | Profit so far 10.7
RELIANCE Hold Short taken at 1409.83 On 27-04-2017 StopLoss 1368.18 | Profit so far 81.28

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Major Mkt Activity on 08 May 201

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Long Build Up: NIITTECH, CANBK, INDIANB, IBREALEST, CESC
Short Covering: IDEA, CUMMINSIND, TORNTPOWER, ALBK, ULTRACEMCO

Short Build Up: INFIBEAM, LICHSGFIN, BAJAJ-AUTO, AJANTPHARM, RELIANCE
Long Unwinding: IRB, KTKBANK, UJJIVAN, GAIL, GODREJCP

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