Nifty
Current: 9,511 (fut: 9,514), Target: NA
Stop-long positions at 9,450. Stop-short positions at 9,575. Big moves could go till 9,400, 9,625. A long 9,500p (30), short 9,400p (8) could gain 10-15 if the index dips till 9,450.
Bank Nifty
Current: 23,216 (fut: 23,219)
Target: NA
Stop-long positions at 23,100. Stop-short positions at 23,325. Big moves could go till 22,900, 23,550. Downtrend may continue if support at 23,050 is broken.
UltraTech
Current price: Rs 3,877
Target price: Rs 3,800
Keep a stop at Rs 3,910 and go short. Add to the position between Rs 3,815
Current: 9,511 (fut: 9,514), Target: NA
Stop-long positions at 9,450. Stop-short positions at 9,575. Big moves could go till 9,400, 9,625. A long 9,500p (30), short 9,400p (8) could gain 10-15 if the index dips till 9,450.
Bank Nifty
Current: 23,216 (fut: 23,219)
Target: NA
Stop-long positions at 23,100. Stop-short positions at 23,325. Big moves could go till 22,900, 23,550. Downtrend may continue if support at 23,050 is broken.
UltraTech
Current price: Rs 3,877
Target price: Rs 3,800
Keep a stop at Rs 3,910 and go short. Add to the position between Rs 3,815
