Targets For 25-November-2014
Nifty Calls:
Current Market Price: 3078
Current Level: 8530
Buy: Resistance @ 8545
Buy Nifty above 8545, with a target of 8555-65-70, StopLoss: 8530
Sell: Support @ 8490
Buy Nifty above 8545, with a target of 8555-65-70, StopLoss: 8530
Sell: Support @ 8490
Sell Nifty below 8490, with a target of 8480-75-70, StopLoss: 8510
Stock Calls
Buy Hero Motor Above 3090
Current Market Price: 3078
Target: 3100-10-20
Stop Loss: 3080
Current Market Price: 4275
Buy Infosys Above 4290
Current Market Price: 4275
Target: 4305-20-35
Stop Loss: 4270
Note: You were recommended to hold position in Nifty 8500-Dec-CE @ 110. The same was mentioned in Short Term Calls and Intraday Calls(Market Outlook For 17th November).
Trader who are having open position can close their position @ CMP. 160 or can hold it for few more days, with a revised StopLoss of 120 and Target of 190-210
Note: You were recommended to hold position in Nifty 8500-Dec-CE @ 110. The same was mentioned in Short Term Calls and Intraday Calls(Market Outlook For 17th November).
Trader who are having open position can close their position @ CMP. 160 or can hold it for few more days, with a revised StopLoss of 120 and Target of 190-210
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
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