Bank Nifty Targets for 12-June-2015

Bank Nifty Call:

Current Level: 17310

Buy: Resistance @ 17425
Buy Bank Nifty above 17425, with a target of 17475-510-540, StopLoss: 17375

Sell: Support @ 17250
Sell Bank Nifty below 17250, with a target of 17200-170-140, StopLoss: 17325


Option Calls:


Buy Bank Nifty 17000 PE Above 215

Current Market Price: 195
Target: 235-45-55
Stop Loss: 195

Buy Bank Nifty 17500 CE Above 250

Current Market Price: 206
Target: 270-85-300
Stop Loss: 230




(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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