Nifty
Current: 10,242 (fut: 10,233)
Target: NA
Stop-long positions at 10,170. Stop-short positions at 10,300. Big moves could go till 10,350, 10,100. A long 10,100p (75), short 10,000p (52) could double if the index drops below 10,125.
Bank Nifty
Current: 24 ,477 (futures: 24,500)
Target: NA
Stop-long positions at 24,375. Stop-short positions at 24,625. Big moves could go till 24,850, 24,150. trend may go negative again after Wednesday's burst of short covering.
Tata Steel
Current price: Rs 635
Target price: Rs 625
Keep a stop at Rs 641 and go short. Add
to the position between Rs 627
Current: 10,242 (fut: 10,233)
Target: NA
Stop-long positions at 10,170. Stop-short positions at 10,300. Big moves could go till 10,350, 10,100. A long 10,100p (75), short 10,000p (52) could double if the index drops below 10,125.
Bank Nifty
Current: 24 ,477 (futures: 24,500)
Target: NA
Stop-long positions at 24,375. Stop-short positions at 24,625. Big moves could go till 24,850, 24,150. trend may go negative again after Wednesday's burst of short covering.
Tata Steel
Current price: Rs 635
Target price: Rs 625
Keep a stop at Rs 641 and go short. Add
to the position between Rs 627
