Targets For 1-September-2014

Nifty Calls:

Current Level: 7954

Buy: Resistance @ 7967
Buy Nifty above 7970, with a target of 7978-7985-90-95, StopLoss: 7960

Note: Above 8005. Buy Nifty with a target of 8025-35-40, StopLoss: 7970

Sell: Support @ 7930
Sell Nifty below 7928, with a target of 7920-15-10, StopLoss: 7940

Stock Calls:

Sell Tata Steel Below 508

Current Market Price: 513

Target: 504-502-500

Stop Loss: 515

Sell Sun Pharma Below 848

Current Market Price: 855

Target: 845-42-40

Stop Loss: 854

(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)