Nifty
Current: 9,615 (fut: 9,628) Target: NA
Stop-long positions at 9,570. Stop-short positions at 9,700. Big moves could go till 9,500, 9,750. A long 9,700c (62), short 9,800c (30)could gain 10-15 if the index tests 9,700.
Bank Nifty
Current: 23,272 (futures: 23,325) Target: NA
Stop-long positions at 23,225. Stop-short positions at 23,425. Big
moves could go till 23,000, 23,650. May be a downside bias.
ITC
Current price: Rs 342
Target price: Rs 348
Keep a stop at Rs 338 and go long. Add to the position between Rs 346 and Rs 347. Book
