Nifty
Current: 10,348 (fut: 10,370), Target: NA
Stop-long positions at 10,290. Stop-short positions at 10,450. Big moves could go till 10,250, 10,500. Along 10,200p (16), long 10,500c (18) has breakevens at 10,535, 10,165. It could gain 10-15 on a 100 point swing from current prices.
Bank Nifty
Current: 25,736 (fut: 25,787)
Target: NA
Stop-long positions at 25,675. Stop-short positions at 25,900. Big moves could go till 26,100, 25,500. Slight downwards bias.
Hindalco
Current price: Rs 255
Target price: Rs 251
Keep a stop
Current: 10,348 (fut: 10,370), Target: NA
Stop-long positions at 10,290. Stop-short positions at 10,450. Big moves could go till 10,250, 10,500. Along 10,200p (16), long 10,500c (18) has breakevens at 10,535, 10,165. It could gain 10-15 on a 100 point swing from current prices.
Bank Nifty
Current: 25,736 (fut: 25,787)
Target: NA
Stop-long positions at 25,675. Stop-short positions at 25,900. Big moves could go till 26,100, 25,500. Slight downwards bias.
Hindalco
Current price: Rs 255
Target price: Rs 251
Keep a stop
