Important Levels for 06 May 2016

NIFTY : Levels to watch are 7815.35 and 7730.85
BANKNIFTY : Levels to watch are 16491.95 and 16276.95
RELIANCE : Levels to watch are 987.62 and 974.18
SBIN : Levels to watch are 182.95 and 178.75

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Against Trend Calls for 05 May 2016

AUROPHARMA -> On Short Side at open or spikes
CENTURYTEX -> On Long Side at open or dips
DRREDDY -> On Long Side at open or dips
HCLTECH -> On Long Side at open or dips
HINDUNILVR -> On Long Side at open or dips
ICICIBANK -> On Long Side at open or dips
TVSMOTOR -> On Long Side at open or dips
WIPRO -> On Long Side at open or dips
TATACOMM -> On Short Side at open or spikes
CONCOR -> On Short Side at open or spikes
NIFTYIT -> On Long Side at open or dips

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Trend Trading Levels for 05 May 2016

NIFTY Hold Short taken at 7871.1 On 28-04-2016 StopLoss 7871.13 | Profit so far 138.35
BANKNIFTY Hold Short taken at 16619.17 On 03-05-2016 StopLoss 16708.75 | Profit so far 258.47
RELIANCE Hold Short taken at 1051.58 On 20-04-2016 StopLoss 996.63 | Profit so far 70.18
SBIN Hold Short taken at 195.27 On 28-04-2016 StopLoss 187.75 | Profit so far 14.82

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Major Mkt Activity on 04 May 201

Long Build Up: BIOCON, MCDOWELL-N, FEDERALBNK, JETAIRWAYS, HINDUNILVR
Short Covering: TVSMOTOR, MRF, NTPC, INDUSINDBK, COALINDIA

Short Build Up: ICIL, UBL, IOB, ADANIPORTS, ICICIBANK
Long Unwinding: BANKNIFTY, KPIT, IOC, AXISBANK, NMDC

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Options Highlights On 04 May 201

Highest OI : NIFTY7700PE NIFTY8000CE
Highest Rise in OI : NIFTY7500PE NIFTY8100CE
Highest Fall in OI : NIFTY7700PE NIFTY7000CE
Highest Volume : NIFTY7700PE NIFTY7800CE

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