Against Trend Calls for 23 Dec 2016

BHARATFORG -> On Long Side at open or dips
IDBI -> On Long Side at open or dips
PETRONET -> On Long Side at open or dips
PNB -> On Long Side at open or dips
SYNDIBANK -> On Long Side at open or dips
UNIONBANK -> On Long Side at open or dips
YESBANK -> On Long Side at open or dips
JUBLFOOD -> On Long Side at open or dips
BAJFINANCE -> On Long Side at open or dips
CEATLTD -> On Long Side at open or dips
PIDILITIND -> On Long Side at open or dips

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Trend Trading Levels for 23 Dec 2016

RELIANCE Sold at 1057.1 StopLoss 1064.6| Profit so far 1.6
NIFTY Hold Short taken at 8175.55 On 12-12-2016 StopLoss 8108.62 | Profit so far 178.7
BANKNIFTY Hold Short taken at 18232.63 On 20-12-2016 StopLoss 18194.82 | Profit so far 297.98
SBIN Hold Short taken at 261.62 On 20-12-2016 StopLoss 258.92 | Profit so far 11.12

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Major Mkt Activity on 22 Dec 201

Long Build Up: BEML, TATAMOTORS, INFRATEL, L&TFH, ASIANPAINT
Short Covering: CONCOR, MINDTREE, PCJEWELLER, JISLJALEQS, JETAIRWAYS

Short Build Up: NHPC, JPASSOCIAT, HINDUNILVR, CEATLTD, RELINFRA
Long Unwinding: APOLLOTYRE, AMARAJABAT, IGL, BIOCON, ORIENTBANK

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Important Levels for 23 Dec 2016

NIFTY : Levels to watch are 8042.75 and 7950.95
BANKNIFTY : Levels to watch are 18030.08 and 17839.22
RELIANCE : Levels to watch are 1060.4 and 1050.6
SBIN : Levels to watch are 253.42 and 247.58

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Trend Trading Levels for 22 Dec 2016

RELIANCE Hold Long taken at 1009.37 On 06-12-2016 StopLoss 1057.1 | Profit so far 55.08
NIFTY Hold Short taken at 8175.55 On 12-12-2016 StopLoss 8135.87 | Profit so far 94.9
BANKNIFTY Hold Short taken at 18232.63 On 20-12-2016 StopLoss 18293.38 | Profit so far 124.03
SBIN Hold Short taken at 261.62 On 20-12-2016 StopLoss 262.4 | Profit so far 5.67

Posted in FnO |