Nifty
Current: 10,430 (fut: 10,418), Target: NA
Stop long positions at 10350.
Stop short positions at 10500.
Big moves could go till 10550, 10275. A long 10400p (60), short 10300p (30) could gain 10-15 if the index falls till 10375.
Bank Nifty
Current: 25,685 (fut: 25,553) Target: NA
Stop long positions at 25475.
Stop short positions at 25625.
Big moves could go till 25875, 25200. High discount of futures to underlying could mean the index opens with a downwards gap.
Vedanta
Current price: Rs 253
Target price: Rs 249
Keep a stop at Rs 255 and go short. Add to the position between Rs 250 and Rs 251.
Book profits at Rs 249.
HPCL
Current price: