Tata Communications Ltd. ( intra day)

Buy Above- 330.15

Tgt - 334.30,340.15,352.50

SL – 324.80

BUY NIFTY-FUT ABOVE 6133

TARGET 6156/6170

STOPLOSS 6117

SELL NIFTY-FUT

BELOW 6110

TARGET 6090/6072

STOPLOSS 6132.

Stock Option Tips

Buy ITC 200 CA NOV

At -1.10

Tgt - Open

SL - 0.75

Nifty future continued to stay below 6200-6180 level in the last trading session. Now on the downside next support is at 6095/6045/5980 levels and on the upside resistance is at 6180/6220/6250 levels. Nifty future in the last trading session has closed again below the 6160 levels and looks some more selling is due in markets. We recommend selling on higher levels with strict stop loss of 6200.

Nifty future's projected high and low for next session is 6134 and 6068 (use this projection with other indicators). Immediate support now comes still at 6097-6093 and break below 6093 it may check 6075 again on the downside.

Bank nifty future as expected, below 12625-12600 resulted in a good sell off and making new low everyday, now on the downside next logical support are 12400-12180 levels and on the upside resistance is at 12650 and 12750 levels. Selling on higher levels will still be good strategy in bank nifty future with strict stop loss of 12650.