Important Levels for 23 Jan 2017

NIFTY : Levels to watch are 8403.55 and 8321.75
BANKNIFTY : Levels to watch are 19000.42 and 18722.97
RELIANCE : Levels to watch are 1034.22 and 1020.78
SBIN : Levels to watch are 256.7 and 246.6

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Against Trend Calls for 20 Jan 2017

BHEL -> On Short Side at open or spikes
HINDUNILVR -> On Short Side at open or spikes
JPASSOCIAT -> On Short Side at open or spikes
VOLTAS -> On Short Side at open or spikes
SINTEX -> On Short Side at open or spikes
OIL -> On Long Side at open or dips
CADILAHC -> On Short Side at open or spikes
PCJEWELLER -> On Long Side at open or dips

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Trend Trading Levels for 20 Jan 2017

NIFTY Hold Long taken at 8024.77 On 27-12-2016 StopLoss 8402.52 | Profit so far 418.18
BANKNIFTY Hold Long taken at 17941.25 On 29-12-2016 StopLoss 19061.6 | Profit so far 1209.7
SBIN Hold Long taken at 249.47 On 11-01-2017 StopLoss 256.13 | Profit so far 9.53
RELIANCE Hold Short taken at 1075.68 On 04-01-2017 StopLoss 1056.58 | Profit so far 39.73

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Major Mkt Activity on 19 Jan 201

Long Build Up: GAIL, TORNTPOWER, SINTEX, IDBI, IOC
Short Covering: NIITTECH, RELINFRA, ICICIBANK, HAVELLS, DCBBANK

Short Build Up: KPIT, JSWENERGY, OIL, TECHM, COALINDIA
Long Unwinding: PCJEWELLER, HDIL, GODREJCP, AMARAJABAT, WIPRO

Posted in FnO |