Nifty
Current: 9,904 (fut: 9,914), Target: NA
Stop-long positions at 9,850. Stop-short positions at 9,975. Big moves could go till 10,025, 9,775. A long 10,000c (46), long 9,800p (53) may be offset with short 9,700p (33), 10,100c (21). This strangle combo costs 44. Breakevens at 10,044, 9,756. It will profits if the Nifty moves 2 per cent in either direction.
Bank Nifty
Current: 24,237 (fut: 24,295) Target: NA
Stop-long positions at 24,175. Stop-short positions at 24,405. Big moves could go till 24,600, 24,000. Trend slightly biased towards correction.
Coal India
Current price: Rs 247, Target price: Rs 242
Keep a stop at Rs 250 and
