Important Levels for 21 Feb 2017

NIFTY : Levels to watch are 8909.5 and 8838.2
BANKNIFTY : Levels to watch are 20755.65 and 20558.05
RELIANCE : Levels to watch are 1080.8 and 1069.4
SBIN : Levels to watch are 271.88 and 268.33

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Against Trend Calls for 20 Feb 2017

BANKNIFTY -> On Short Side at open or spikes
BHARATFORG -> On Short Side at open or spikes
BIOCON -> On Short Side at open or spikes
HDFC -> On Short Side at open or spikes
HDFCBANK -> On Short Side at open or spikes
ITC -> On Long Side at open or dips
TVSMOTOR -> On Short Side at open or spikes
SOUTHBANK -> On Long Side at open or dips
IBULHSGFIN -> On Short Side at open or spikes
BAJFINANCE -> On Short Side at open or spikes
CADILAHC -> On Short Side at open or spikes

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Trend Trading Levels for 20 Feb 2017

BANKNIFTY Hold Long taken at 19081.75 On 24-01-2017 StopLoss 20231 | Profit so far 1440.65
RELIANCE Hold Long taken at 1035.87 On 14-02-2017 StopLoss 1052.63 | Profit so far 38.48
NIFTY Hold Short taken at 8779.38 On 15-02-2017 StopLoss 8831.93 | Profit so far -47.62
SBIN Hold Short taken at 273.53 On 13-02-2017 StopLoss 275.15 | Profit so far 3.88

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Major Mkt Activity on 17 Feb 201

Long Build Up: JPASSOCIAT, AMARAJABAT, WOCKPHARMA, KOTAKBANK, ICICIBANK
Short Covering: SRF, HDIL, APOLLOHOSP, MCLEODRUSS, BATAINDIA

Short Build Up: GODREJIND, DRREDDY, HCLTECH, RCOM, SAIL
Long Unwinding: NIFTYIT, SUNTV, IGL, OIL, PAGEIND

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