Nifty
Current: 9,989 (fut: 10,020) Target: NA
Stop-long positions at 9,950. Stop-short positions at 10,075. Big moves could go till 10,125, 9,900. A long 9,900p (50), short 9,800p (32) could gain 10-15 if the 9,950 support is tested.
Bank Nifty
Current: 24,252 (futures: 24,309) Target: NA
Stop-long positions at 24,200.
Stop-short positions at 24,425. Big moves could go till 24,600, 24,100. Resistance at 24,375-24,400.
ONGC
Current price: Rs 171 Target price: Rs 167
Keep a stop at Rs 173 and go short. Add to the position between Rs 168 and Rs 169. Book
Current: 9,989 (fut: 10,020) Target: NA
Stop-long positions at 9,950. Stop-short positions at 10,075. Big moves could go till 10,125, 9,900. A long 9,900p (50), short 9,800p (32) could gain 10-15 if the 9,950 support is tested.
Bank Nifty
Current: 24,252 (futures: 24,309) Target: NA
Stop-long positions at 24,200.
Stop-short positions at 24,425. Big moves could go till 24,600, 24,100. Resistance at 24,375-24,400.
ONGC
Current price: Rs 171 Target price: Rs 167
Keep a stop at Rs 173 and go short. Add to the position between Rs 168 and Rs 169. Book
