Nifty
Current: 9,929 (fut: 9,953), Target: NA
Stop-long positions at 9,875.
Stop-short positions at 10,025.
Big moves could go till 10,050, 9,825.
A long 9,900p (88), short 9,800p (60) will gain if range trading continues.
Bank Nifty
Current: 24,305 (fut: 24,365)
Target: NA
Stop-long positions at 24,250.
Stop-short positions at 24,475.
Big moves could go till 24,675, 24,000.
The index will react and test 24,200 if range trading continues.
Bharat Petroleum
Current price: Rs 524
Target price: Rs 515
Keep a stop at Rs 530 and go short.
Add to the position between Rs 516 and Rs 518.
Book profits at Rs 515.
Aurobindo Pharma
Current price: Rs 742
Target price: Rs 730
Keep a stop at Rs 750 and go short.
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