Nifty
Current: 10,799 (fut: 10,789), Target: NA
Stop-long positions at 10,715. Stop-short positions at 10,875. Big moves could go till 10,925, 10,650. A long 10,700p (49),
short 10,600p (29) will gain 10-15 if the index falls till 10,725.
Bank Nifty
Current: 26,409 (fut: 26,392)
Target: NA
Stop-long positions at 26,275. Stop-short positions at 26,525. Big moves could go till 26,725, 26,050. Trend may be on the verge of turning negative.
Vedanta
Current price: Rs232
Target price: Rs227
Keep a stop at Rs235 and go short. Add to the position between Rs228 and Rs229.
Book profits at Rs227.
UltraTech
Current price: Rs3,670
Target price: Rs3,620
Keep a stop at Rs3,705 and go short. Add to the
