Nifty
Current: 10,987 (fut 11,031)
Target: NA
Stop-long positions at 10,950.
Stop-short positions at11105.
Big moves could go till 10,900, 11,150. A long mar14 11,100c (47) can be offset with a short mar07 11,100c (41).
If 11,100 is hit, the Mar 14 option’s gains will offset the losses in the
Mar 7.
Bank Nifty
Current: 27,554 (fut: 27,634)
Target: NA
Stop-long positions at 27,475.
Stop-short positions at 27,750. Big moves could go till 28,000, 27,275. Trend is bullish but newsflow could change the sentiment.
HeroMotor
Current price: Rs 2,795
Target price: Rs 2,840
Keep a stop at Rs 2,770 and go long. Add to the position between