Nifty
Current: 11,672 (fut: 11,701)
Target: NA
Stop-long positions at 11,620.
Stop-short positions at 11,780. Big moves could go till 11,850, 11,550. A long June 20 11700p (65), short 11600p (27) could gain 15-20 if the futures drops till 11,650.
Nifty Bank
Current 30,273 (fut: 30,360)
Target: NA
Stop-long positions at 30,200. Stop-short positions at 30,500.
Big moves could go till 30,650, 30,000. Trend may stay negative.
JSW Steel
Current price: Rs 260
Target price: Rs 256
Keep a stop at Rs 262 and go short. Add to the position between Rs 257-Rs 258. Book profits at Rs