Nifty
Current: 10,193 (fut: 10,227) Target: NA
Stop long positions at 10,150. Stop short positions at 10,300. Big moves could go till 10,075, 10,350. A long 10,100p (88), 10,300c (98) indicates that traders are expecting a major move, since breakevens are at 10,486, 9,914.
Bank Nifty
Current: 25,000 (futures: 25,048)
Target: NA
Stop long positions at 24,925. Stop short positions at 25,175. Big moves could go till 25,400, 27,700. the current trend seems negative.
Powergrid
Current price: Rs 200
Target price: Rs 205
Keep a stop at Rs 198 and go long. Add to the position between Rs 203
