Nifty
Current: 9,884 (fut: 9,880) Target: NA
Stop-long positions at 9,825. Stop-short positions at 9,930.
Big moves could go till 10,000, 9,775. A long 9,800p (7), short 9,900c (12) has breakevens at around 9,920, 9,780.
Bank Nifty
Current: 24,308 (fut: 24,311) Target: NA
Stop-long positions at 24,200.
Stop-short positions at 24,425. Big moves could go till 24,600, 24,000. Major resistance between 24,000 and 24,450, support at 24,220-24,225. The index may have a downside bias.
Ambuja Cements
Current price: Rs 280
Target price: Rs 285
Keep a stop at Rs 277 and go long. Add to the position between Rs 282 and Rs 283. Book profits at
