NIFTY AND BANK NIFTY FUTURE AND OPTIONS FREE TIPS FOR 08 MAY 2014

NIFTY FUT BUY TIPS:
Last trading price of NIFTY FUT is 6682
We will buy NIFTY FUT only above 6683
(NIFTY FUT has to trade above this level for at least 10 minutes and with good volume)
Our targets would be 6696.8 6717.3 6737.8 6758.3 6778.9
SL is 6661 & Must be trailed by 16 points after every 50 points move
6772.2 6799.6 6850.2 are Resistance

NIFTY FUT SELL TIPS:
We will Sell NIFTY FUT only below 6662.64
(NIFTY FUT has to trade below this level for at least 10 minutes and with good volume)
Our targets would be 6649 6629 6608 6588 6568
SL is 6685 & Must be trailed by 16 points after every 50 points move
6694.2 6643.6 6616.2 are Supports

BANK NIFTY FUT BUY TIPS:
Last trading price of BANK NIFTY FUT is 13013
We will buy BANK NIFTY FUT only above 13025
( BANK NIFTY FUT has to trade above this level for at least 15 minutes and with good volume)
Our targets would be 13040 13069 13097 13126 13154
SL is 12971 & 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 12996
( BANK NIFTY FUT has to trade below this level for at least 15 minutes and with good volume)
Our targets would be 12980 12952 12924 12895 12867
SL is 13050 & Must be trailed by 50 points after every 150 points move
12935 12860 12759 are important support

BUY NIFTY14MAY6600PE ABOVE 201.65 SL 187.89 TG1 208.53 TG2 215.41 TG3 222.29 TG4 229.17 TG5 236.05
BUY NIFTY14MAY6800CE ABOVE 185.48 SL 171.40 TG1 192.52 TG2 199.56 TG3 206.60 TG4 213.64 TG5 220.68
BUY BANKNIFTY14MAY12800PE ABOVE 587.06 SL 545.06 TG1 608.06 TG2 629.06 TG3 650.06 TG4 671.06 TG5 692.06
BUY BANKNIFTY14MAY13200CE ABOVE 593.04 SL 545.04 TG1 617.04 TG2 641.04 TG3 665.04 TG4 689.04 TG5 713.04

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