Nifty
Current: 10,490 (fut: 10,491) Target: NA
Stop-long positions at 10,425. Stop-short positions at 10,565. Big moves could go till 10,375, 10,600. But, range trading between 10,450 and 10,545 is likely - a straddle of 10,500p (27), 10,500c (19) has break-evens at 10,546, 10,454.
Bank Nifty
Current: 25,496 (futures: 25,443)
Target: NA
Stop-long positions at 25,350. Stop-short positions at 25,575. Big moves could go
till 25,700, 25,200. The bank Nifty looks more bearish than overall market.
Wipro
Current price: Rs 307
Target price: Rs 312
Keep a stop at Rs 305 and go long. Add to the positions
