Nifty
Current: 11,168 (fut: 11,210)
Target: NA
Stop-long positions at 11,100.
Stop short positions at 11,300.
Big moves could go till 11,050, 11,350. A long March 14, 11,200c (38), short 11,400c (9) could
gain 15-20 if the index
crosses 11,250.
Nifty Bank
Current 27,967 (fut: 28,080)
Target: NA
Stop long positions at 27,925. Stop short positions at 28,225. Big moves could go till 28,400, 27,750. Trend is positive.
UPL
Current price: Rs 897
Target price: Rs 910
Keep a stop at Rs 890 and go long. Add to the position between Rs 906 and Rs 909. Book profits at Rs 910
NTPC
Current price: Rs 151.5
Target price: Rs 148
Keep a stop at Rs 153 and go short. Add to the position between Rs 148.5 and Rs 149. Book profits at Rs 148.
Asian Paints
Current price: Rs 1,420
Target price: Rs 1,440
Keep a stop at Rs 1410 and go long. Add to the position between Rs 1432 and Rs 1435. Book profits at Rs 1440.
Target prices, projected movements in terms of next session, unless otherwise stated