Bank Nifty Targets For 05-May-2016

Bank Nifty Call:

Current Level: 16274

Buy: Resistance @ 16380
Buy Bank Nifty above 16380, with a target of 16440-465-490, StopLoss: 16325

Sell: Support @ 16200
Sell Bank Nifty below 16200, with a target of 16150-120-080, StopLoss: 16250

(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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