Nifty
Current: 8,908 (futures: 8,908) Target: NA
Stop-long positions at 8,850. Stop-short positions at 8,960. Big moves could go till 9,025, 8,795. A long 8,900c (39), short 9,000c (6) could gain 15-20 if the index crosses 8,950.
Bank Nifty
Current: 20,861 (futures: 20,855) Target: NA
Stop-loss long positions at 20,750. Stop-loss short positions at 20,960. Big moves could go till 20,500, 21,200. Index seems to have gained renewed momentum on merger rumours.
Aurobindo Pharma
Current price: Rs 686, Target price: Rs 675
Keep a stop at Rs 693 and
