NIFTY BANK NIFTY FREE TIPS FOR 06 AUG 2014

NIFTY FUT BUY TIPS:
Last trading price of NIFTY FUT is 7773
We will buy NIFTY FUT only above 7788
(NIFTY FUT has to trade above this level for at least 10 minutes and with good volume)
Our targets would be 7802.3 7824.4 7846.5 7868.7 7890.9
SL is 7766 & Must be trailed by 16 points after every 50 points move
7796.8 7859.4 7930.2 are Resistance

NIFTY FUT SELL TIPS:
We will Sell NIFTY FUT only below 7766.02
(NIFTY FUT has to trade below this level for at least 10 minutes and with good volume)
Our targets would be 7752 7730 7708 7686 7664
SL is 7788 & Must be trailed by 16 points after every 50 points move
7663.4 7592.6 7530.0 are Supports

BANK NIFTY FUT BUY TIPS:
Last trading price of BANK NIFTY FUT is 15387
We will buy BANK NIFTY FUT only above 15407
( BANK NIFTY FUT has to trade above this level for at least 15 minutes and with good volume)
Our targets would be 15423 15454 15485 15516 15547
15625 15688 15750 15813 15876
SL is 15353 & Must be trailed by 50 points after every 150 points move
15472.23 15570.5 15719.1 are Important Resistance

BANK NIFTY FUT SELL TIPS:
We will Sell BANK NIFTY FUT only below 15376
( BANK NIFTY FUT has to trade below this level for at least 15 minutes and with good volume)
Our targets would be 15360 15329 15298 15268 15237
15221 15191 15160 15129
SL is 15430 & Must be trailed by 50 points after every 150 points move
15225 15077 14979 are important support

NIFTY OPTIONS TIPS FOR 06 Aug 2014
Buy NIFTY14AUG7700PE at/above 74 SL 62 FOR TARGETS OF 80.5 , 86.6 , 98.7 , 110.9 , 137.9
Buy NIFTY14AUG7850CE at/above 66 SL 54 FOR TARGETS OF 72.0 , 78.0 , 90.1 , 102.1 , 120.5

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