 "Sensex, Nifty fall amid hike in crude oil price, deficient monsoons")
Nifty
Current: 11,313 (11,362)
Target: NA
Stop-long positions at 11,275. Stop-short positions at 11,425. Big moves could go till 11,500, 11,200. A long Oct 10, 11,200p (59), short 11,100p (37) could gain 20-25 if the index tests 11,200.
Bank Nifty
Current: 28,418 (fut: 28,580)
Target: NA
Stop-long positions at 28,375. Stop short positions at 28,800. Big moves could go till 29,075, 28,200. Excess volatility likely due to Monetary Policy Review. Trend continues to look negative.
HCL Tech
Current: Rs 1,077
Target: Rs 1,095
Keep a stop at 1,068 and go long. Add
Current: 11,313 (11,362)
Target: NA
Stop-long positions at 11,275. Stop-short positions at 11,425. Big moves could go till 11,500, 11,200. A long Oct 10, 11,200p (59), short 11,100p (37) could gain 20-25 if the index tests 11,200.
Bank Nifty
Current: 28,418 (fut: 28,580)
Target: NA
Stop-long positions at 28,375. Stop short positions at 28,800. Big moves could go till 29,075, 28,200. Excess volatility likely due to Monetary Policy Review. Trend continues to look negative.
HCL Tech
Current: Rs 1,077
Target: Rs 1,095
Keep a stop at 1,068 and go long. Add
