Nifty
Current: 10,600 (fut: 10,626) Target: NA
Stop-long positions at 10,550. Stop-short positions at 10,700. Big moves could go till 10,750, 10,500. A long 10,500p (46), short 10,400p (27) could gain 15-20 if the index drops till 10,500.
Bank Nifty
Current: 26,262 (futures: 26,340)
Target: NA
Stop-long positions at 26,225. Stop-short positions at 26,375. Big moves could go till 26,700, 26,000. Trend indeterminate. Strong support at 26,050-26,125. Strong resistance at 26,500-26,575.
Vedanta
Current price: Rs 202
Target price: Rs 198
Keep a stop at Rs 204 and go short. Add to the position between Rs 199