Nifty
Current: 10399 (fut: 10423),
Target: NA
Stop-long positions at 10,350. Stop-short positions at 10,500.
Big moves could go till 10,550, 10,300. A long 10,500c (16), short 10,300p (12) has breakevens at about 10270, 10530.
Bank Nifty
Current: 25,892 (fut: 25,952)
Target: NA
Stop-long positions at 26850. Stop-short positions at 26050. Big moves could go till 25600, 26250. Trend is bullish with a new all-time high yesterday.
Hindustan Petroleum
Current price: Rs 423
Target price: Rs 416
Keep a stop at 427 and go short. Add to the position between 417-418. Book profits at 416.
Axis Bank
Current price:
