Important Levels for 06 Jun 2016

NIFTY : Levels to watch are 8264.35 and 8213.45
BANKNIFTY : Levels to watch are 17717.6 and 17594.1
RELIANCE : Levels to watch are 968.62 and 962.07
SBIN : Levels to watch are 199.7 and 192.7

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Against Trend Calls for 03 Jun 2016

CAIRN -> On Long Side at open or dips
IOB -> On Long Side at open or dips
JPASSOCIAT -> On Long Side at open or dips
SUNPHARMA -> On Long Side at open or dips
ADANIPOWER -> On Short Side at open or spikes
NMDC -> On Long Side at open or dips
GLENMARK -> On Long Side at open or dips

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Trend Trading Levels for 03 Jun 2016

NIFTY Hold Long taken at 7804.5 On 25-05-2016 StopLoss 8165.32 | Profit so far 438.75
SBIN Hold Long taken at 172.85 On 25-05-2016 StopLoss 194.15 | Profit so far 26.3
BANKNIFTY Hold Short taken at 17407.13 On 01-06-2016 StopLoss 17629.2 | Profit so far -166.52
RELIANCE Hold Short taken at 963.97 On 01-06-2016 StopLoss 971.12 | Profit so far 0.27

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Major Mkt Activity on 02 Jun 201

Long Build Up: ENGINERSIN, GODREJCP, CANBK, BAJFINANCE, YESBANK
Short Covering: TVSMOTOR, TATAMOTORS, ASIANPAINT, MARUTI, PTC

Short Build Up: HCLTECH, CADILAHC, TITAN, TORNTPHARM, WIPRO
Long Unwinding: IOB, BATAINDIA, HINDZINC, PIDILITIND, ITC

Posted in FnO |