Nifty
Current: 10,124 (fut: 10,159)
Target: NA
Stop-long positions at 10,090.
Stop-short positions at 10,230.
Big moves could go till 10,275, 10,025.
A long 10,300c (32), 10,000p (40) combination would gain if there’s a big move in either direction.
Bank Nifty
Current: 24,169 (fut: 24,280)
Target: NA
Stop-long positions at 24,150.
Stop-short positions at 24,400.
Big moves could go till 24,600, 23,970.
Trend remains negative but short-covering could trigger a bounce till 24,500.
ONGC
Current price: Rs 174
Target price: Rs 170
Keep a stop at Rs 176 and go short.
Add to the position between Rs 171 and Rs 172.
Book profits at Rs 170.
Tech Mahindra
Current price: Rs 633
Target price: Rs 642
Keep a stop at Rs 627 and
