Nifty
Current: 10,094 (fut: 10,123)
Target: NA
Stop-long positions at 10,050. Stop-short positions at 10,200. Big moves could go till 10,000, 10,250. A long 10,100p (91), short 10,000p (59) could gain 15-20 if the index drops till 10,050.
Bank Nifty
Current: 24,245 (fut: 24,339)
Target: NA
Stop-long positions at 24,225. Stop-short positions at 24,450. Big moves could go till 24,650, 24,000. Trend remains negative but short-covering could be seen on Monday.
Tata Steel
Current price: Rs 575
Target price: Rs 567
Keep a stop at Rs 580 and go short. Add to the position between Rs 568 and Rs 570.
Book profits at Rs 567.
Ambuja
