Nifty
Current: 10,769 (fut: 10,758) Target: NA
Stop-long positions at 10,690. Stop-short positions at 10,825. Big moves could go till 10,875, 10,650. Trend is indeterminate. A long 10,800c (24), long 10,700p (20) has breakevens at 10,656, 10,744. If you don't think the index will move that much by settlement, you could sell this strangle.
Bank Nifty
Current: 26,602 (futures: 26,600)
Target: NA
Stop-long positions at 26,475. Stop-short positions at 26,725. Big moves could go till 26,900, 26,300. Trend could have negative bias.
Tata Motors
Current price: Rs 277
Target price: Rs 272
Keep a stop at Rs 280
