Nifty
Current: 9,217 (fut: 9,225), Target: NA
Stop-long positions at 9,150.
Stop-short positions at 9,300.
Big moves can go to 9,350, 9,100. A long 9,300c (10), short 9,400c (2) could double or triple if the index hits 9,300.
Bank Nifty
Current: 21,857 (fut: 21,844)
Target: NA
Stop-long positions at 21,750. Stop-short positions at 21,975. Big moves could go till 22,200, 21,500. The short-term trend seems bullish.
ACC
Current price: Rs 1,607
Target price: Rs 1,570
Keep a stop at Rs 1625 and go short. Add to the position between Rs 1575 and Rs 1585. Book profits at Rs 1,570.
HDFC Bank
Current price: Rs 1,533
Target price: Rs 1,565
Keep a stop
