Trading calls 15/03/2016

Market Outlook

Nifty is still trading in the overbought zone. Idea cellular and jet airways look weak and short is advised. Adanient and suntv look strong and long positions advised on declines.

0928
Sell hindalco at 84.80

0932
Long adanient at 66.60.

0957
Short jet airways at 528.75

0958
Adanient at 67.20. WIN

1000
Sell idea cellular below 100.45.

1005
IFCI long at 24.50. Can hold on as investment.

1246
Idea Cellular at 99.6. WIN

1251
Set Jet Airways stop loss at 533.55 and hold on to your short position.

1456
Hindalco 84.05. WIN