Bank Nifty Target For 22-October-2014

Bank Nifty Call:

Current Level: 16427

Buy: Resistance @ 16455

Buy Bank Nifty above 16455, with a target of 16480-500-530-550, StopLoss: 16400

Sell: Support @ 16350

Sell Bank Nifty below 16350, with a target of 16325-310-290, StopLoss: 16400

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