Nifty
Current: 10,980 (fut: 11,027)
Target: NA
Target: NA
Stop long positions at 10,925 . Stop short positions at 11,125. Big moves could go till 10,825, 11,225. A long Aug 08, 10,900p (48), short 10,800p (29) could gain 10-15 If the index drops below 10900.
Bank Nifty
Current: 28,367 (28,586)
Target: NA
Stop long positions at 28,400. Stop short positions at 28,700 . Big moves could go till 28,000, 28,850. Trend remains negative.
Power Grid
Current: Rs 214
Target: Rs 218
Keep a stop at Rs 212 and go long . Add to the position between Rs 216-Rs 217