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DAILY TRADING STRATEGIES UPDATE

                           DAILY STRATEGIES UPDATE       DATE-16-02-2017
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SELL BELOW 8738 WITH TARGET-8723/8705 AND STOP LOSS-8748, TRAILING STOP-8
NIFTY50
BUY ABOVE 8782 WITH TARGET-8797/8815 AND STOP LOSS-8772, TRAILING STOP-8
S3-8705
S2-8723
S1-8738
LEVELS
R1-8782
R2-8797
R3-8815
SELL BELOW 20172 WITH TARGET-20125/20067 AND STOP LOSS-20196, TRAILING STOP-24
BANK NIFTY
BUY ABOVE 20311 WITH TARGET-20358/20416 AND STOP LOSS-20287, TRAILING STOP-24
S3-20067
S2-20125
S1-20172
LEVELS
R1-20311
R2-20358
R3-20416
SELL BELOW 140.20 WITH TARGET-139.20/137.95 AND STOP LOSS-140.70, TRAILING STOP-0.50
PNB
BUY ABOVE  143.25 WITH TARGET-144.25/145.50 AND STOP LOSS -142.75, TRAILING STOP-0.50
S3-137.95
S2-139.20
S1-140.20
LEVELS
R1-143.25
R2-144.25
R3-145.50
SELL BELOW 184.10 WITH TARGET -182.90/181.35 AND STOP LOSS-184.75, TRAILING STOP-0.65
HINDALCO
BUY ABOVE 187.90 WITH TARGET-189.10/190.65 AND STOP LOSS-187.25, TRAILING STOP-0.65
S3-181.35
S2-182.90
S1-184.10
LEVELS
R1-187.90
R2-189.10
R3-190.65
SELL BELOW 267.65 WITH TARGET-266.20/264.45 AND STOP LOSS-268.35, TRAILING STOP-0.70
SBIN
BUY ABOVE 271.90 WITH TARGET-273.35/275.10 AND STOP LOSS-271.20, TRAILING STOP-0.70
S3-264.45
S2-266.20
S1-267.65
LEVELS
R1-271.90
R2-273.35
R3-275.10
NOTE: IF OPEN PRICE IS BELOW S1 THAN THE TRADE ARE NOT ACTIVE FOR TRADE IN CASE OF SELL.
NOTE: IF OPEN PRICE IS ABOVE S1 THAN THE TRADE ARE NOT ACTIVE FOR TRADE IN CASE OF BUY.

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