Nifty
Current: 11,946 (fut: 11,978),
Target: NA
Stop-long positions at 11,895. Stop-short positions at 12,050. Big moves could go till 11,825, 12,100. A long June 6, 12,000c (63), short 12,100c (30) could
gain 10-15 if the market crosses 12,000.
Nifty Bank
Current: 31,537 (fut: 31,640),
Target: NA
Stop-long positions at 31,500. Stop-short positions at 31,800. Big moves could go till 32,000, 31,300. Trend is mildly
negative.
Tata Motors
Current: 175
Target: 171
Keep a stop at 177 and go short. Add to the position between 172 and 173. Book profits at 171.
ONGC
Current: 169.5
Target: 166.5
Keep a stop at 171 and go short. Add to the position between 167 and 168. Book profits at 166.5.
Bajaj

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