Nifty
Current: 11,584 (fut: 11,653)
Target: NA
Stop-long positions at 11,550. Stop-short positions at 11,725. Big moves could go till 11,500, 11,800. A long Apr 18 11,500p (42), short 11,400p (21) could gain 10-15 depending on the electoral mood — overall trend looks negative.
Nifty Bank
Current 29,803 (fut: 29,968)
Target: NA
Stop-long positions at 29,775. Stop short positions at 30,125. Big moves could go till 30,350, 29,650. Trend seems negative.
Wipro
Current price: Rs 281
Target price: Rs 286
Keep a stop at Rs 279 and go long. Add to the position between Rs 284 and Rs 285. Book profits at Rs 286.
Hero Motor
Current price: Rs 2,594
Target price: Rs 2,560
Keep