Targets For 07-November-2014

Nifty Calls:

Current Level: 8338

Buy: Resistance @ 8370
Buy Nifty above 8370, with a target of 8380-85-90, StopLoss: 8340

Sell: Support @ 8295
Sell Nifty below 8295, with a target of 8285-80-75-70, StopLoss: 8330

Stock Calls

Buy Bharat Forge Above 850

Current Market Price: 846
Target: 855-60
Stop Loss: 843

Buy ICICI Bank Above 1681

Current Market Price: 1678
Target: 1686-90-95
Stop Loss: 1675


Buy BPCL Above 746

Current Market Price: 741
Target: 750-53-56
Stop Loss: 740

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

Comments

  1. What should be the target of aurobindo pharma for intraday??

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  2. Aurobindo Pharma is expected to post its Q2 results, therefore I can not recommend this stock for intraday. But in 'Short term calls' I have mentioned a option strategy for the same

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