Nifty Option Tips

BSE index: (19292) Sell considering 19413 & 19471 solid resistances keeping stop loss of 19542. Downward side it'll fall down to 19191 & 19084-19055 initially. Break below 19055 it'll crash down to 18916 & 18801.

Intraday Nifty Stock SPOT: (5785) Sell considering 5820 & 5831-5842 solid resistances keeping stop loss of 5857. Downward side break below 5775 it'll fall down to 5747 & 5725-5716-5702 initially.
Break below 5702 it'll crash down to 5670 & 5646.

BAJAJ AUTO: (1476) Sell keeping stop loss of 1496. Downward side it'll fall down to 1435 & 1423.

M&M: (768) 775 a solid resistance if it remains intact then selling will underway. Downward side break below 759 it'll fall down to 739-734.

Upward side crossover above 775 it'll turn positive & spurt up to 793 & 805.

SBI: (2850) 2883-2901 solid resistances, sell keeping stop loss of 2933. Expect 2834 & thereafter to 2808 & 2780 from where intra day up surges will be seen.

INDUSIND Bank: (267) Sell considering 272 a solid resistance keeping stop loss of 277. It'll fall down to 261 & thereafter to 255-253.

IDBI, UCO & SYNDICATE Bank: Sell.

TISCO: (614) Keep stop loss of 625 & sell. It'll fall down to 603 & 596.

BHUSHAN STEEL: (506) Sell considering 510 & 515 solid resistance keeping stop loss of 520. It'll fall down to 493 & 488.

REL INFRA: (658) Sell considering 667 a solid resistance keeping stop loss of 675. It'll fall down to 633 & 615.

L&T: (1662) Sell considering 1682 a solid resistance keeping stop loss of 1704. It'll fall down to 1650, 1635-1630 & thereafter to 1599.