Current: 11,062 (fut: 11,098)
Stop-long positions at 10,990. Stop-short positions at 11,205. Big moves could go till 11,275, 10,900. Extra volatility likely. Trend will depend on MPC. A long 11,300c (58), long 10,900p (84) can be offset with short 11,400c (32), short 10,800p (63).
Current: 27,402 (fut: 27,466)
Stop-long positions at 27,275.
Stop-short positions at 27,625. Big moves could go till 28,000, 26,900. Extra volatility likely due to MPC. If there’s a rate cut, PSU banks may outperform.
Current price: Rs 6,209
Target price: Rs 6,310
Keep a stop at Rs 6,150 and go long. Add to the position between Rs 6,275 and Rs 6,300. Book profits at Rs 6,310.
Current price: Rs 812
Target price: Rs 825
Keep a stop at Rs 805 and go long. Add to the position between Rs 820 and Rs 823.
Rs Book profits at 825.
Current price: Rs 330
Target price: Rs 324
Keep a stop at Rs 333 and go short. Add to the position between Rs 325 and Rs 326.
Book profits at Rs 324
Target prices, projected movements in terms of next session, unless otherwise stated