CALL ON SYNDICATBANK FUT FOR 18TH JUNE 2014 AND UPDATE ON MONTHLY CALL

BUY SYNDICATEBANK FUT AT/ABOVE 159.75 TARGETS 165.65-169-173 SL 154.25
SELL SYNDICATEBANK FUT AT/BELOW 164.75 TARGETS 159-155.75 SL 170.25

UPDATE ON SYNDICATEBANK MONTHLY CALL ISSUED ON 16TH JUNE 2014:

SYNDICATEBANK MADE A LOW OF 147.25 ON 16TH AND BOUNCED BACK SMARTLY TO REGISTER A HIGH OF 163.50 AND IN THE PROCESS HITTING ITS FIRST TARGET OF 163. NEXT MILESTONES ARE 171-177

THE CALL ISSUED WAS:

VIEW ON SYNDICATEBANK FOR THE MONTH AHEAD: SYNDICATEBANK HAS GOOD SUPPORTS AT 149-144-136 AND RESISTANCES AT 163-168.50-171-177. SYNDICATEBANK CAN BE BOUGHT ON DIPS TO 149-144 AND HELD WITH A STOP LOSS OF 135 FOR TARGETS OF 163-171-177.