Targets For 17-December-2014

Nifty Calls:

Current Level: 8067

Buy: Resistance @ 8105
Buy Nifty above 8105, with a target of 8115-25-35, StopLoss: 8080

Sell: Support @ 8040

Sell Nifty below 8040, with a target of 8030-20-10 StopLoss: 8060

Stock Calls

Sell PNB Below 1069

Current Market Price: 1072

Target: 1065-60-55

Stop Loss: 1075

Sell Reliance Infra Below 493

 Current Market Price: 496

Target: 489-85-80-75

Stop Loss: 498

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