NIFTY FUTURE saw selling pressure in last trading session. It closed in red and formed bearish candlestick on daily charts.
We advise to Sell it below 8350 for the targets of 8250 and 8150 with strict stop loss of 8500.
Sell it below 18250 for the targets of 18150 and 18050 with strict stop loss of 18400.
Option Call Put Tips
SBIN Stock Option Call Expiry 28 May 2015 strike price Rs 280 Buy above 2.26 target 3.26 stop loss 1.73.
ITC Stock Option Put Expiry 28 May 2015 strike price Rs 320 Buy above 5.56 target 7.08 stop loss 4.03.