Trend Trading Levels for 25 May 2015

SBIN Sold at 285.08 StopLoss 295.43| Profit so far 5.63
NIFTY Hold Long taken at 8276.97 On 18-05-2015 StopLoss 8386 | Profit so far 175.08
BANKNIFTY Hold Long taken at 18200.87 On 18-05-2015 StopLoss 18251.12 | Profit so far 174.38
RELIANCE Hold Long taken at 889.13 On 18-05-2015 StopLoss 896.9 | Profit so far 14.07

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Major Mkt Activity on 22 May 2015

Long Build Up: VOLTAS, M&MFIN, CNXIT, ITC, KTKBANK
Short Covering: BAJAJ-AUTO, OFSS, IBULHSGFIN, EXIDEIND, RECLTD

Short Build Up: SBIN, UBL, BHARTIARTL, JSWENERGY, IDEA
Long Unwinding: GLENMARK, AMTEKAUTO, RPOWER, ADANIPOWER, UPL

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Important Levels for 25 May 2015

NIFTY : Levels to watch are 8495.77 and 8408.33
BANKNIFTY : Levels to watch are 18727.75 and 18022.75
RELIANCE : Levels to watch are 907.33 and 899.08
SBIN : Levels to watch are 292 and 266.9

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Against Trend Calls for 22 May 2015

CNXIT -> On Short Side at open or spikes
BHARATFORG -> On Long Side at open or dips
CAIRN -> On Long Side at open or dips
HCLTECH -> On Short Side at open or spikes
TATASTEEL -> On Long Side at open or dips
TCS -> On Short Side at open or spikes
IRB -> On Short Side at open or spikes
INFY -> On Short Side at open or spikes
UBL -> On Short Side at open or spikes

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Trend Trading Levels for 22 May 2015

NIFTY Hold Long taken at 8276.97 On 18-05-2015 StopLoss 8340.52 | Profit so far 142.13
BANKNIFTY Hold Long taken at 18200.87 On 18-05-2015 StopLoss 18334.45 | Profit so far 299.53
RELIANCE Hold Long taken at 889.13 On 18-05-2015 StopLoss 889.65 | Profit so far 8.72
SBIN Hold Long taken at 269.75 On 11-05-2015 StopLoss 285.08 | Profit so far 17.15

Posted in FnO |