NIFTY & BANK NIFTY FUTURE AND OPTIONS FREE TIPS FOR 05 MAY 2014

Last trading price of NIFTY FUT is 6727
We will buy NIFTY FUT only above 6745
(NIFTY FUT has to trade above this level for at least 10 minutes and with good volume)
Our targets would be 6758.3 6778.9 6799.4 6820.1 6840.7
SL is 6723 & Must be trailed by 16 points after every 50 points move
6779.0 6808.0 6837.5 are Resistance

NIFTY FUT SELL TIPS:
We will Sell NIFTY FUT only below 6724.00
(NIFTY FUT has to trade below this level for at least 10 minutes and with good volume)
Our targets would be 6710 6690 6669 6649 6629
SL is 6746 & Must be trailed by 16 points after every 50 points move
6720.6 6691.1 6662.1 are Supports

BANK NIFTY FUT BUY TIPS:
Last trading price of BANK NIFTY FUT is 12934
We will buy BANK NIFTY FUT only above 12939
( BANK NIFTY FUT has to trade above this level for at least 15 minutes and with good volume)
Our targets would be 12955 12983 13011 13040 13069
SL is 12885 & Must be trailed by 50 points after every 150 points move
12742.08 12864.2 12960.0 are Important Resistance

BANK NIFTY FUT SELL TIPS:
We will Sell BANK NIFTY FUT only below 12911
( BANK NIFTY FUT has to trade below this level for at least 15 minutes and with good volume)
Our targets would be 12895 12867 12838 12810 12782
SL is 12965 & Must be trailed by 50 points after every 150 points move
12908 12806 12717 are important support &


BUY NIFTY14MAY6600PE 188.95 SL 176.15 T1 195.35 T2 201.75 T3 208.15 T4 214.55 T5 220.95
BUY NIFTY14MAY6800CE 209.78 SL 194.74 T1 217.30 T2 224.82 T3 232.34 T4 239.86 T5 247.38
BUY BANKNIFTY14MAY12700PE 528.02 SL 486.02 T1 549.02 T2 570.02 T3 591.02 T4 612.02
BUY BANKNIFTY14MAY13100CE 555.21 SL 507.21 T1 579.21 T2 603.21 T3 627.21 T4 651.21



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