Bank Nifty Future Tips for 9 May 2011

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BUY BANKNIFTY JUL FUTURE CONTRACT

CLOSING BASIS STOPLOSS AT 10980

TARGET WILL BE 11290

TODAYS CLOSING PRICE:11103

BUY YES BANK MAY EXPIRY FUTURE CONTRACT

CLOSING BASIS STOPLOSS AT 295

TARGET WILL BE 313

TODAYS CLOSING PRICE:301

SELL PFC MAY EXPIRY FUTURE CONTRACT

CLOSING BASIS STOPLOSS AT 215

TARGET WILL BE 188

TODAYS CLOSING PRICE:207.8

SELL CAIRN INDIA MAY  FUTURE CONTRACT

CLOSING BASIS STOPLOSS 348

TARGET WILL BE 326

TODAYS CLOSING PRICE:340.7