Nifty
Current: 11,972 (12,022)
Target: NA
Stop long positions at 11,925. Stop short positions at 12,125. Big moves could go till 12,175, 11,800. A long Dec 19, 11900p (41), short 11800p (24) could gain 10-15 if the index tests 11,900.
Bank Nifty
Current: 31,665 (31,720)
Target: NA
Stop long positions at 31,550. Stop short positions at 31,875. Big moves could go till 32,100, 31,300. The last session saw short-covering pulling the index up. Trend may still be negative.
Bharti Infratel
Current: Rs 252
Target: Rs 247
Keep a stop at 255 and go short. Add to the position between 248-249. Book profits at 247.
NTPC
Current: Rs 115
Target: Rs 118
Keep a stop

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