Intraday Option Trading Tips

BSE index: (19046) 19167 a nearest hurdle crossover above which it'll surge up to 19238 initially which is a most crucial hurdle to watch out for. Crossover above 19238 only it'll sustain on higher levels & spurt up to 19290 & 19406.

Downward side 18947 & 18794 crucial supports. Break below 18794 it'll heavily crash down to 18605-18534-18489.

Nifty JAN future: (5718) 5754 a nearest hurdle crossover above which it'll surge up to 5787 which is a most crucial resistance where selling will be seen. Crossover above 5787 only it'll sustain on higher levels & flare up to 5814 & 5856.

Downward side 5687 & 5665 crucial supports, keep stop loss of 5632 to your buys. Break below 5632 it'll crash down to 5562 & thereafter to 5520 & 5451.

TATA MOTORS: (1196) 1210 a crucial hurdle crossover above which only it'll surge up further to 1229 & 1246. Downward side 1183 & 1162 crucial supports. Break below 1162 it'll crash down to 1120 & 1094.

BHARAT FORGE: (344) Sell considering 351 a solid resistance keeping stop loss of 354. Downward side break below 342 it'll crash down to 332 & 324.

ABG SHIP: (368) 377 & 381 crucial hurdles to watch out for. Crossover above 381 only it'll sustain on higher levels & flare up to 384, 390 & 400. Downward side 366 & 359 crucial supports. Break below 359 it'll crash down to 349 & 343.

SBI: (2535) Crossover above 2568 it'll move up further to 2590 & 2619. Downward side 2506 & 2468 crucial supports.

BOI: (433) 439-446 & 424 crucial trend deciders.

UNION Bank: (320) Crossover above 321.50 it'll spurt up to 330 & 335. Downward side 312 a crucial support.

OBC: (364) Crossover above 370 it'll spurt up to 390. Keep sl of 355 & buy.

INDUSIND Bank: (241) Keep stop loss of 232 & buy. Upward side targets are 250 & 262.

VIJAYA, UCO & IOB: Looks good for the day.