Bank Nifty Targets For 04-May-2016

Bank Nifty Call:

Current Level: 16388

Buy: Resistance @ 16500
Buy Bank Nifty above 16500, with a target of 16560-600-630, StopLoss: 16440

Sell: Support @ 16350
Sell Bank Nifty below 16350, with a target of 16300-270-240, StopLoss: 16400

(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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