Nifty
Current: 9,203 (fut: 9,226), Target: NA
Stop-long positions at 9,150.
Stop-short positions at 9,300. Big moves could go till 9,350, 9,100. A long 9,100p (37), long 9,300c (42) could gain 15-20 if the index swings by 100 points.
Bank Nifty
Current: 21,666 (fut: 21,715)
Target: NA
Stop-long positions at 21,600. Stop-short positions at 21,825. Big moves could go till 21,400, 22,050. The financial index could have a downside bias in the short term.
Tata Steel
Current price: Rs 477
Target price: Rs 470
Keep a stop at Rs 482 and go short. Add to the position between Rs 471 and Rs 473. Book profits at Rs 470.
