Targets For 20-October-2014

Nifty Calls:

Current Level: 7779

Buy: Resistance @ 7820
Buy Nifty above 7820, with a target of 7830-35-45-50, StopLoss: 7800

Sell: Support @ 7720

Sell Nifty below 7720, with a target of 7710-05-7690, StopLoss: 7750

Stock Calls

Buy Reliance Above 944

Current Market Price: 937

Target: 949-51-53

Stop Loss: 935

Buy Axis Bank Above 405

Current Market Price: 402.5

Target: 408-10-12

Stop Loss: 405

 

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