Nifty
Current: 9,360 (fut: 9,381), Target: NA
Stop-loss short positions at 9,455. Stop-long positions 9,310. Big moves could go till 9,500, 9,250. A strangle of 9,200p (38), 9,500c (35) costs 73, with breakevens at approximately 9,125, 9,575. This can be sold with a stop-loss of 90 for the combined position.
Bank Nifty
Current: 22,720 (fut: 22,760)
Target: NA
New high on the financial index at 22,743. Short positions may be stopped at 22,875. Long positions can be stopped at 22,660. Big moves could go till 23,000, 22,450. Uptrend may last a few sessions.
Bank of
