Nifty
Current: 8,900 (fut: 8,912),
Target: NA
Stop long positions at 8,845. Stop short positions at 8,980. Big moves could go till 9,025, 8,800. A long 8,800p (79), short 8,700p (52) could gain 10-15 if the futures falls below 8,850.
Bank Nifty
Current: 20,560 (fut: 20,626)
Target: NA
Stop long positions at 20,520. Stop short positions at 20,735. Big moves could go till 20,975, 20,275. Trend may have gone negative.
NTPC
Current price: Rs 156
Target price: Rs 152
Keep a stop at Rs 158 and go short. Add to the position between Rs 153 and Rs 154. Book profits at Rs 152.
