Targets For 21-August-2015

Nifty Calls:

Current Level: 8372

Buy: Resistance @ 8405
Buy Nifty above 8405, with a target of 8420-30-40, Stop Loss: 8380

Sell: Support @ 8350
Sell Nifty below 8350, with a target of 8335-25-15, Stop Loss: 8375

 

Stock Calls:

Sell Axis Bank Below 530

Current Market Price: 533

Target: 525-20-15
Stop Loss: 535

Sell Reliance Infra Below 348

Current Market Price: 350.5

Target: 345-42-40
Stop Loss: 351

 

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