Bank Nifty Targets For 23-May-2016

Bank Nifty Call:

Current Level: 16481

Buy: Resistance @ 16550
Buy Bank Nifty above 16500, with a target of 16590-620-650, StopLoss: 16500

Sell: Support @ 16450
Sell Bank Nifty below 16450, with a target of 16410-390-370, StopLoss: 16550

(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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