Nifty
Current: 9,139 (fut: 9,166) Target: NA
Stop-loss long positions at 9,100. Stop-short positions at 9,225. Big moves could go till 9,000, 9,300. A long 9000p (22), long 9,300c (18) could gain 10-15 if the futures swings by 75 points in either direction.
Bank Nifty
Current: 21,647 (futures: 21,708)
Target: NA
Stop-long positions at 21,600. Stop-short positions at 21,810. Big moves could go till 22,025, 21,350. Small bias in favour of a continuing correction.
NTPC
Current price: Rs 159
Target price: Rs 156
Keep a stop at Rs 161 and go short. Add to the position between
