Nifty Option Tips

BSE index: (18396) Consider for this week...18609 & 18779 solid resistances up to which selling on higher levels will be seen, keep stop loss of 19000 to your shorts.
Downward side it'll fall down further to 18152 & 17984-17820 initially; consider 17984-17820 most crucial support to watch out for where buying support not ruled out. 

TATA MOTORS:  Maintain short position.  Price projection of   1141 has been reached. Stop at   1203. Downward trend shows some strength with today's close below the lower pivot band.The CCI is below -100. This security is oversold at this time.

 NIFTY FUTURE

Nifty Future Closing : 5536
Watch carefully today's nifty magical figure... 5540
Buy Nifty Future above magical figure for upside
First target...   5560 and above it
Second target...    5584
and crosses over both it will come...    5608
Sell Nifty Future, if Nifty is running below magical figure then your downside
First target...    5485 
Second target... 5446
Third target... 5401

(Closing - 18395)
Today's Sensex magical figure... 18411
Above magical figure upside targets ,
First target ... 18470
Second target...18540
Third target ... 18612
Sensex Running Below Magical Figure,
First target ....   18240
Second Target ... 18125
Third target ...17990

(Closing - 10635)
Today's magical figure...10675
Buy it above magical figure upside
First target ... 10750 Second target ... 10814
Third target...    10870
Sell it if running below Magical figure for downside:
First target ...10510
Second target...10468
Third target ... 10384

(Closing - 835)
Today's magical figure... 836
Buy it above magical figure upside targets
First target ... 848
Second target ... 862
Third target ... 875
Sell it running below Magical figure for downside:
First arget ...823
Second target ...816
Third target ... 802

(Closing - 1138)
Today's magical figure... 1140
Buy it above magical figure upside
First target ... 1150
Second target ... 1168
Third target ... 1182
Sell it running below Magical figure for downside:
First target ...1120
Second target ...1105
Third target ... 1094

NIFTY :

Yesterday Nifty ends below the 200 DMA on expiry. It showing very volatile situation because of expiry and close negatively. The next important level to watch out for tomorrow intraday trading in NIFTY support would be 5557-5511, while the resistance would be 5689-5773.

Overall watch support 5550 5580 and resistance 5690-5700 in trading. 

BSE INDEX

Yesterday BSE SENSEX showing very volatile session just because of expiry and it closes negatively. The next important level to watch out for today intraday trading in BSE support would be 18531-18378, while the resistance would be 18962-19000.

CNX BANK NIFTY

Yesterday BANK NIFTY showing very volatile session effect of expiry and close negatively. The next important level to watch out for tomorrow intraday trading in BANK NIFTY support would be 10553-10430, while the resistance would be 10885-110000. Below 10850 bear favour and sell side....

HINDALCO

Loosing strength, time to sell side... higher level resistance 240.. down side support exit 230-227, thereafter over all selling in the market. 

CIPLA

Hot Sell--- Below 337 bear will kill this stock and down side first target 325, thereafter more panic likely. 

Acc

Trend is bearish but some shortcoming will take up to 1040-1050 range whereas the excellent supply in this counter likely........Higher level to sell only... 

M&M

Near to major support 725-730 watch out.. break and trade below with volume, non stop target 700 and below....resistance 750.. Sell on rise strategy. 

STER LTD

Big sell off on yesterday trading..... now time to watch major support 165-167 range, below likely wipe out....................? 

ABAN LTD

Broken support level..............time to sell side with tight stop loss.... Last and final support exit......... thereafter real panic on the card.