Current: 11,737 (fut: 11,790),
Stop long positions at 11,675. Stop short positions at 11,900. Be prepared for excess volatility. Big moves could go till 12100, 11,450. Trend will depend on election results. A long May 30 12,100c (87), long 11,500p (110) can be offset with short 11,400p (95), short 12,200c (65). Net cost 37, maximum return 63.
Current: 30,526 (fut: 30,685),
Stop long positions at 30,525. Stop short positions at 30,900. Be prepared for excess volatility. Big moves could go till 31,100, 30,300. Trend will go with election results.
Current price: Rs 3,047
Target price: Rs 3,100
Keep a stop at 3,015 and go long. Add to the position between 3,085 and 3,095. Book profits at 3,100.
Current price: Rs 1,241
Target price: Rs 1,260
Keep a stop at 1,230 and go long. Add to the position between 1,254 and 1,258. Book profits at 1,260.
Current price: Rs 269
Target price: Rs 263
Keep a stop at 272 and go short. Add to the position between 264 and 265. Book profits at 263.
Target prices, projected movements in terms of next session, unless otherwise stated