Future and Option strategies for Monday (6 June)

 Future trading tips

BUY Nifty future above 5560 (June 2011)
Target:T1: 5574, T2:5585
Stoploss:5540

BUY Reliance Com. Future above 95.10 (June 2011)
Target:T1: 97.70, T2: 99
Stoploss:92

Options strategies for tomorrow:

BUY HUL CALL Option @ 320 above 6.75 (Jun 2011)
Target:- T1: 7.90, T2:8.60
Stoploss:5.20

On the call options front addition of open interest was witnessed in
last trading session at strike price of 5600 and 5700.
On the put options front we have seen addition of open interest in
last trading session at strike price of 5500 to 5400.