 "Representative Image")
Nifty
Current: 11,356 (fut: 11,375) Target: NA
Stop-long positions at 11,290. Stop-short positions at 11,450. Big moves could go till 11,500, 11,250. A long 11,200p (83), short 11,200p (60) would double if the index drops below 11,250.
Bank Nifty
Current: 27,764 (futures: 27,810)
Target: NA
Stop-long positions at 27,650. Stop-short positions at 27,975. Big moves could go till 28,200, 27,400. Be prepared for excess volatility.
Axis Bank
Current price: Rs 550
Target price: Rs 540
Keep a stop at Rs 556 and go short. Add to the position
Current: 11,356 (fut: 11,375) Target: NA
Stop-long positions at 11,290. Stop-short positions at 11,450. Big moves could go till 11,500, 11,250. A long 11,200p (83), short 11,200p (60) would double if the index drops below 11,250.
Bank Nifty
Current: 27,764 (futures: 27,810)
Target: NA
Stop-long positions at 27,650. Stop-short positions at 27,975. Big moves could go till 28,200, 27,400. Be prepared for excess volatility.
Axis Bank
Current price: Rs 550
Target price: Rs 540
Keep a stop at Rs 556 and go short. Add to the position
