Trading calls- 28 March 2016

NIFTY 50
Current: 7,716 (Future: 7,736)
Target: NA

Stop loss short-positions at 7,785. Stop loss long-positions at 7,675. Big moves could go till 7,850, 7,610. A long 7,800c (19), long 7,700p (38) would cover a big swing in either direction

BANK NIFTY
Current: 15,888 (Future: 15,936)
Target: NA

Stop loss long positions at 15,820. Stop loss short positions at 16,030. A big swing could go till 16,250, 15,600. An uptrend remains in force, so an upmove seems a little more likely

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Target prices, projected movements in terms of next session unless otherwise stated