NIFTY BANK NIFTY FUTURE AND OPTIONS TIPS FOR 05 JUN 2014

NIFTY FUT BUY TIPS:
Last trading price of NIFTY FUT is 7416
We will buy NIFTY FUT only above 7418
(NIFTY FUT has to trade above this level for at least 10 minutes and with good volume)
Our targets would be 7431.6 7453.2 7474.8 7496.4 7518.0
SL is 7396 & Must be trailed by 16 points after every 50 points move
7439.7 7457.4 7475.8 are Resistance

NIFTY FUT SELL TIPS:
We will Sell NIFTY FUT only below 7396.00
(NIFTY FUT has to trade below this level for at least 10 minutes and with good volume)
Our targets would be 7382 7360 7339 7318 7296
SL is 7418 & Must be trailed by 16 points after every 50 points move
7403.5 7385.1 7367.4 are Supports


BANK NIFTY FUT BUY TIPS:
Last trading price of BANK NIFTY FUT is 15298
We will buy BANK NIFTY FUT only above 15314
( BANK NIFTY FUT has to trade above this level for at least 15 minutes and with good volume)
Our targets would be 15363 15413 15462 15511 15560
SL is 15265 & Must be trailed by 50 points after every 150 points move
15230.78 15262.5 15280.0 are Important Resistance

BANK NIFTY FUT SELL TIPS:
We will Sell BANK NIFTY FUT only below 15283
( BANK NIFTY FUT has to trade below this level for at least 15 minutes and with good volume)
Our targets would be 15234 15185 15135 15086 15037
SL is 15332 & Must be trailed by 50 points after every 150 points move
15182 15164 15132 are important support


NIFTY OPTIONS TIPS FOR 04 JUN 2014
SCRIP NAME BUY sl T1 T2 T3 T4 T5
NIFTY14JUN7300PE 67.89 50.21 79.44 90.99 102.54 114.09 125.64
NIFTY14JUN7500CE 73.23 55.57 88.23 103.23 118.23 133.23 148.23
NIFTY14JUN7500PE 164.99 125.21 187.09 209.19 231.29 253.39 275.49
NIFTY14JUN7300CE 199.62 148.88 223.82 248.02 272.22 296.42 320.62