premarket tips : nifty target is at 8580

free Nifty banknifty stock tips for 14 july 2015

Nifty July future today closed at 8481 with gain of 97 points. In intraday, nifty hit high around 8493 and closed near it. While intraday low was 8360. Total 135 points rally seen from bottom. 8% addition in open interest suggest strong buying from investors. 8500 call option writing continues and will remain as strong resistance. For tomorrow 8580 is target level and 8430 is trailing stop loss for long traders. For intraday traders can buy 8400 call option on decline with same stop loss.
Banknifty July future today closed at 18974 with gain of 174 points. In intraday, banknifty hit high around 19019 and target of 19050 is almost achieved. Banknifty intraday low was 18701. Total almost 350 points rally from low. 4% open interest addition suggest strong hand buying. On option side, 19500 call option writing continues and remain as strong resistance. Watch 19050 spot level for next breakout for target 19750.
In nifty 50 stocks, HCLTECH and BPCL are top gainers with almost 4% gains. On loser side, ONGC and LT tumbled by 1% on profit booking. In F&O market, DISHTV and TVSMOTORS rallied almost 6% while ARVIND and SRTRANSFIN lost 2%. In buzzers, LAOPALA tumbled by 10% on profit booking and TVSELECT and LUMAXAUTO locked to 20% circuit on sharp buying interest.
For tomorrow free stock tips will be for PNB. Buy PNB stock around 143-144 with stop loss 140 for target 154 in intraday.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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