NIFTY BANK NIFTY FUTURE & OPTIONS TIPS FOR 04 SEPT 2014

NIFTY FUT BUY TIPS:
Last trading price of NIFTY FUT is 8140
We will buy NIFTY FUT only above 8145
(NIFTY FUT has to trade above this level for at least 10 minutes and with good volume)
Our targets would be 8159.5 8182.1 8204.7 8227.3 8250.0
SL is 8123 & Must be trailed by 16 points after every 50 points move
8169.9 8199.9 8225.8 are Resistance

NIFTY FUT SELL TIPS:
We will Sell NIFTY FUT only below 8122.52
(NIFTY FUT has to trade below this level for at least 10 minutes and with good volume)
Our targets would be 8108 8086 8063 8041 8018
SL is 8145 & Must be trailed by 16 points after every 50 points move
8114.0 8088.1 8058.1 are Supports

Expected either side breakout. Breakout level:-. Bulls: Sustain above 8193. Bears: Sustain below 8087. Be cautious


Last trading price of BANK NIFTY FUT is 16183
We will buy BANK NIFTY FUT only above 16193
( BANK NIFTY FUT has to trade above this level for at least 15 minutes and with good volume)
Our targets would be 16208 16240 16272 16304 16336
16384 16448 16512 16577 16641
SL is 16139 & Must be trailed by 50 points after every 150 points move
16354.83 16419.9 16544.8 are Important Resistance

BANK NIFTY FUT SELL TIPS:
We will Sell BANK NIFTY FUT only below 16161
( BANK NIFTY FUT has to trade below this level for at least 15 minutes and with good volume)
Our targets would be 16145 16113 16082 16050 16018
15971 15939 15908 15876
SL is 16215 & Must be trailed by 50 points after every 150 points move
16165 16040 15975 are important support


Buy NIFTY14SEP8050PE at/above 68 SL 57 FOR TARGETS OF 74.1 , 79.8 , 91.1 , 102.5 , 115.1
Buy NIFTY14SEP8200CE at/above 74 SL 62 FOR TARGETS OF 79.8 , 85.8 , 97.9 , 109.9 , 123.1
Buy BANKNIFTY14SEP16000PE at/above 211 SL 199 FOR TARGETS OF 217.1 , 223.2 , 235.4 , 247.6 , 276.8
Buy BANKNIFTY14SEP16400CE at/above 206 SL 193 FOR TARGETS OF 212.3 , 218.6 , 231.3 , 243.9 , 257.3