Targets For 16-January-2015

Nifty Calls:

Current Level: 8494

Buy: Resistance @ 8505
Buy Nifty above 8505, with a target of 8520-35-50, StopLoss: 8480

Sell: Support @ 8450

Sell Nifty below 8450, with a target of 8435-20-05, StopLoss: 8480

Stock Calls

Buy Bajaj Auto Above 2425

Current Market Price: 2417

Target: 2437-45-60

Stop Loss: 2410

Buy Larsen And Tourbo Above 1579

Current Market Price: 1573

Target: 1585-92-97

Stop Loss: 1572

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