Targets For 20-May-2016


Nifty Calls:

Current Level: 7783

Buy: Resistance @ 7805
Buy Nifty above 7805, with a target of 7820-30-40, Stop Loss: 7780


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Sell: Support @ 7750
Sell Nifty below 7750, with a target of 7735-25-15, Stop Loss: 7775


Stock Calls:


Sell Just Dial Below 720

Current Market Price: 723
Target: 713-05-700
Stop Loss: 728

Sell Bharat Forge Below 715

Current Market Price: 718
Target: 707-700-690
Stop Loss: 721

Option Calls:


Buy Bank Nifty May-16500- PE Above 195

Current Market Price: 180
Target: 210-20-30
Stop Loss: 180



(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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