Current: 11,313 (fut: 11,362)
Stop long positions at 11275. Stop short positions at 11430. Big moves could go till 11200, 11500. The 11225-11325 zone is critical. Moves of 2 per cent above or below this zone will establish strong trends. A long Oct 17, 11200p (55), long 11500c (45) can be offset with short 11100p (35), short 11600c (22). This long-short strangle set has breakevens at about 11155, 11545.
Current: 28,786 (28,895)
Stop long positions at 28500. Stop short positions at 29200. Big moves could go till 28100, 29500. The index is critically poised close to its own 200 Day Moving Average. A upside till 31000 could come if the index pulls above 29500.
Current: Rs 359
Keep a stop at 356 and go long. Add to the position between 363-364. Book profits at 365.
Current: Rs 336
Keep a stop at 339 and go short. Add to the position between 331-332. Book profits at 330.
Current: Rs 246
Keep a stop at 248 and go short. Add to the position between 242-243. Book profits Hat 241.
Target prices, projected movements in terms of next session, unless otherwise stated