Nifty
Current: 10,130 (fut: 10,158), Target: NA
Stop-long positions at 10,075. Stop-short positions at 10,225. Big moves could go till 10,300, 10,000. A long 10,100p (30), short 10,000p (13) could gain 10-15 if the index drops below 10,100.
Bank Nifty
Current: 24,244 (fut: 24,300)
Target: NA
Stop-long positions at 24,450. Stop-short positions at 24,150. Big moves could go till 23,950, 24,650. Trend remains negative despite short-covering.
State Bank of India
Current price: Rs 247
Target price: Rs 242
Keep a stop at Rs 250 and go short. Add to the position between Rs 243 and Rs 244.
Book profits at Rs 242.
HPCL
Current price: Rs 333
Target price: Rs 327
Keep a stop at