 "Mumbai Police's Economic Offences Wing fresh notices to 300 NSEL brokers")
Nifty
Current: 10,987 (fut 11,031)
Target: NA
Stop-long positions at 10,950.
Stop-short positions at11105.
Big moves could go till 10,900, 11,150. A long mar14 11,100c (47) can be offset with a short mar07 11,100c (41).
If 11,100 is hit, the Mar 14 option’s gains will offset the losses in the
Mar 7.
Bank Nifty
Current: 27,554 (fut: 27,634)
Target: NA
Stop-long positions at 27,475.
Stop-short positions at 27,750. Big moves could go till 28,000, 27,275. Trend is bullish but newsflow could change the sentiment.
HeroMotor
Current price: Rs 2,795
Target price: Rs 2,840
Keep a stop at Rs 2,770 and go long. Add to the position between Rs 2,825 and Rs 2,835.
Book profits at Rs 2,840.
Coal India
Current price: Rs 241
Target price: Rs 246
Keep a stop at Rs 239 and go long. Add to the position between
Rs 244 and Rs 245.
Book profits at Rs 246.
Bharti Airtel
Current price: Rs 308
Target price: Rs 303
Keep a stop at Rs 311 and go long. Add to the position between Rs 304 and Rs 395.
Book profits at Rs 303.
Target prices, projected movements in terms of next session, unless otherwise stated
