NIFTY BANK NIFTY FUTURE & OPTIONS TIPS FOR 04 SEPT 2014

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 8181. Bears: Sustain below 8083. Be cautious


Last trading price of BANK NIFTY FUT is 16119
We will buy BANK NIFTY FUT only above 16129
( BANK NIFTY FUT has to trade above this level for at least 15 minutes and with good volume)
Our targets would be 16145 16176 16208 16240 16272
16129 16193 16256 16320 16384
SL is 16075 & Must be trailed by 50 points after every 150 points move
16222.80 16275.7 16381.3 are Important Resistance

BANK NIFTY FUT SELL TIPS:
We will Sell BANK NIFTY FUT only below 16097
( BANK NIFTY FUT has to trade below this level for at least 15 minutes and with good volume)
Our targets would be 16082 16050 16018 15987 15955
15719 15688 15656 15625
SL is 16151 & Must be trailed by 50 points after every 150 points move
16064 15959 15906 are important support

Buy NIFTY14SEP8050PE at/above 69 SL 58 FOR TARGETS OF 75.0 , 80.7 , 92.1 , 103.5 , 116.5
Buy NIFTY14SEP8200CE at/above 69 SL 56 FOR TARGETS OF 75.4 , 81.8 , 94.5 , 107.3 , 119.9
Buy BANKNIFTY14SEP15900PE at/above 197 SL 185 FOR TARGETS OF 202.8 , 208.7 , 220.5 , 232.2 , 255.7
Buy BANKNIFTY14SEP16300CE at/above 211 SL 198 FOR TARGETS OF 218.0 , 224.6 , 237.8 , 250.9 , 263.8