NIFTY BANK NIFTY FUTURE AND OPTIONS TIPS FOR 16 JUN 2014

NIFTY FUT BUY TIPS:
Last trading price of NIFTY FUT is 7553
We will buy NIFTY FUT only above 7569
(NIFTY FUT has to trade above this level for at least 10 minutes and with good volume)
Our targets would be 7583.2 7605.0 7626.8 7648.6 7670.5
SL is 7547 & Must be trailed by 16 points after every 50 points move
7463.3 7602.2 7634.3 are Resistance

NIFTY FUT SELL TIPS:
We will Sell NIFTY FUT only below 7547.27
(NIFTY FUT has to trade below this level for at least 10 minutes and with good volume)
Our targets would be 7533 7511 7490 7468 7447
SL is 7569 & Must be trailed by 16 points after every 50 points move
7520.3 7488.2 7463.3 are Supports



BANK NIFTY FUT BUY TIPS:
Last trading price of BANK NIFTY FUT is 15105
We will buy BANK NIFTY FUT only above 15129
( BANK NIFTY FUT has to trade above this level for at least 15 minutes and with good volume)
Our targets would be 15145 15175 15206 15237 15268
SL is 15075 & Must be trailed by 50 points after every 150 points move
15202.68 15300.2 15437.0 are Important Resistance

BANK NIFTY FUT SELL TIPS:
We will Sell BANK NIFTY FUT only below 15098
( BANK NIFTY FUT has to trade below this level for at least 15 minutes and with good volume)
Our targets would be 15083 15052 15021 14991 14960
SL is 15152 & Must be trailed by 50 points after every 150 points move
14968 14832 14734 are important support &


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