Important Levels for 08 Dec 2014

NIFTY : Levels to watch are 8609.6 and 8555.5
BANKNIFTY : Levels to watch are 18912.9 and 18773.4
RELIANCE : Levels to watch are 971.38 and 959.32
SBIN : Levels to watch are 322.3 and 317.2

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Against Trend Calls for 05 Dec 2014

CIPLA -> On Short Side at open or spikes
HDFC -> On Long Side at open or dips
JINDALSTEL -> On Short Side at open or spikes
SUNTV -> On Short Side at open or spikes
MRF -> On Short Side at open or spikes
SRTRANSFIN -> On Short Side at open or spikes

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Trend Trading Levels for 05 Dec 2014

NIFTY Hold Long taken at 8050.8 On 29-10-2014 StopLoss 8548.57 | Profit so far 554.95
BANKNIFTY Hold Long taken at 18174.65 On 28-11-2014 StopLoss 18549.7 | Profit so far 671.15
SBIN Hold Long taken at 244.49 On 09-10-2014 StopLoss 315.42 | Profit so far 78.26
RELIANCE Hold Short taken at 986.27 On 01-12-2014 StopLoss 980.18 | Profit so far 20.27

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Major Mkt Activity on 04 Dec 201

Long Build Up: OFSS, SIEMENS, SAIL, MRF, HINDZINC
Short Covering: SUNTV, TVSMOTOR, BPCL, BATAINDIA, ICICIBANK

Short Build Up: HCLTECH, UCOBANK, CESC, IRB, RELINFRA
Long Unwinding: IGL, PFC, TECHM, EXIDEIND, TATACOMM

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