|Chennai||Rs. 24020.00 (-0.17%)|
|Mumbai||Rs. 25020.00 (0.28%)|
|Delhi||Rs. 24450.00 (0%)|
|Kolkata||Rs. 24600.00 (-0.32%)|
|Kerala||Rs. 24050.00 (0%)|
|Bangalore||Rs. 24160.00 (-0.17%)|
|Hyderabad||Rs. 24030.00 (-0.12%)|
Current: 5,898 (fut: 5,914);
Expiry effect is pulling the futures premium down to 15-20. The index could move till either 5,850 or 5,965 with a slight upside bias. An on-the-money straddle of long 5,900p (36) and long 5,900c (50) has breakevens are at 5,814 and 5,986. This is is zero-delta so losses on one option may be offset by larger gains in the other.
Current: Rs 132.7;
Current: Rs 533;
Target: Rs 550
The stock has resistance at Rs 537. If it passes that, it could hit Rs 550-555. Keep a stop at Rs 525 and go long. Add to the position between Rs 537-542. Book profits above Rs 550.
Current: Rs 1,319;
Target: Rs 1,285
The stock could fall till Rs 1,270-1,285 if support at Rs 1,305-1,315 is broken. Keep a stop at Rs 1,332 and short. Add to the position between Rs 1,295-1,305. Book profits below Rs 1,285.
Current: Rs 953;
Target: Rs 940
The stock is likely to correct till it hits support at Rs 930-940. Keep a stop at Rs 965 and short. Add to the position between Rs 945-950. Book profits below Rs 940.
The target prices and projected movements given above are in terms of the next one trading session, unless otherwise stated