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Targets for 22-May-2015

Nifty Calls:

Current Level: 8421

Buy: Resistance @ 8450
Buy Nifty above 8450, with a target of 865-75-85, StopLoss: 8420

Sell: Support @ 8380
Sell Nifty below 8380, with a target of 8365-55-45, StopLoss: 8405

Stock Calls:

Buy Sun Pharma Above 985

Current Market Price: 980
Target: 992-998-1005
Stop Loss: 975

(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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Comments

  1. Nsefans21 May 2015 at 19:57

    Good evening Sir,
    I have bought OBC 210 CE @7,my SL was triggered but holding in hope of bounce. Where do you see it by expiry.

    Thank you ...!

    ReplyDelete
  2. Anonymous22 May 2015 at 10:59

    I have buy Bajaj Auto PE @14..... its increase today r before expiry .. I m a new investor.... kindly suggest me

    ReplyDelete
    Replies
    1. Saketh23 May 2015 at 12:31

      Hello Sir,

      I went through the Chart of Bajaj auto,the stock is clearly headed toward 2550 but this may take few months to get there 2550, So, there are chances that there will be down days which can take Bajaj to levels of 2250 or may be even 2200. there you may exit the PE. Keep a stop at 2355, above this level bajaj may head towards 2425 and higher.

      Thank You

      Delete
  3. Anonymous23 May 2015 at 21:41

    Hai Sir,
    k sir, i will exit my level.... i follow your advice. but i have one doubt sir . i have small captital around 50,000 , which options gives low risks...... stock option or index option . kindly guide me..

    Thank you ,

    ReplyDelete
    Replies
    1. Saketh23 May 2015 at 22:31

      Hello Sir,

      Usually The Index options offer low risk and low profit than Stock Options, specially Nifty Options offer very low risk and low profit. Compared to any other bank nifty options or stock options.

      Thank You.

      Delete
    2. Anonymous25 May 2015 at 09:50

      Tks sir..

      Delete

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