Nifty Levels, Bank Nifty Future Tips, Stock Option Tips

NIFTY LEVELS:

R1 8450.7, R2 8480.4, PIVOT 8416.6, S1 8386.9, S2 8352.8.

stock future trading calls
STOCK FUTURE TIPS

NIFTY FUTURE saw a long consolidation in last trading session and traded in a narrow range of around 60 point. We advise to buy it above 8450 for the targets of 8530 and 8600 with strict stop loss of 8350.

BANKNIFTY Future remained range-bound in yesterday session. It may go up if it sustains above 18600 , so we advise to buy it above 18600 for the targets of 18700 with strict stop loss of 18450.

Option Tips

Bajaj Auto Option Put Expiry 28 May 2015 strike price 2200 Sell below 11.55 target 13.95 stop loss 8.10.

SBIN Option Call Expiry 28 May 2015 strike price 300 Buy above 6.75 target 8.85 stop loss 5.20.