Nifty
Current: 10,512 (fut: 10,520), Target: NA
Stop-long positions at 10,425. Stop-short positions at 10,610. Big moves could go till 10,650, 10,400. A long 10,400p (84), short 10,300p (60) could gain 15-20 if the index drops below 10,450.
Bank Nifty
Current: 25,388 (fut: 25,376)
Target: NA
Stop-long positions at 25,250. Stop-short positions at 25,500. Big moves could go till 25,750, 25,000. Trend may stay negative.
Hindustan Petroleum
Current price: Rs 213
Target price: Rs 208
Keep a stop at Rs 216 and go short. Add to the position between Rs 209 and Rs 210. Book profits at Rs 208.
Cipla
Current price: Rs 648
Target price: Rs 660
Keep a