BANKNIFTY AND NIFTY FUTURES LEVELS FOR 7TH OCTOBER 2014

BANKNIFTY FUTURES LEVELS FOR THE DAY:
BANKNIFTY RANGE FOR THE DAY IS 15100-15550
Resistances are at 15455-15540 and supports at 15310-15205-15100
Above 15550 is a range breakout with further targets/resistances placed at 15730-15800
Below 15080 is a range breakdown with further targets/supports placed at 15000-14920-14860
BankNifty Futures is strong only above 15410

NIFTY FUTURES LEVELS FOR THE DAY:
NIFTY RANGE FOR THE DAY IS 7855-8055
Resistances are at 8008-8060 and supports at 7955-7900-7855
Above 8055 is a range breakout with further targets/resistances placed at 8100-8125
Below 7855 is a range breakdown with further supports/targets placed at 7810-7765
Nifty Futures is strong only above 8000

BANKNIFTY, NIFTY AND STOCK OPTIONS CALLS FOR 7TH OCTOBER 2014 

BUY BANKNIFTY AT/ABOVE 15360 TARGET 15460-15540 SL 15295
SELL BANKNIFTY AT/BELOW 15400 TARGETS 15310-15200-15100 SL 15475

BUY NIFTY FUT AT/ABOVE 7975 TARGETS 8007-8036-8060 SL 7954
SELL NIFTY FUT AT/BELOW 7989 TARGETS 7959-7920-7875 SL 8012