10th June Strategy:
Global: Positive
FII: Neutral
DII: Neutral
F&O: Neutral
Sentiment: Positive
Trend: Neutral
Nifty 11900 BankNifty 31000 nirnayak level
Nifty 11850-11925 small day range, Medium range 11825-11950. Bigger range 11750-12035.
BankNifty 31000-31250 small day range, 30850-31400 medium range. Bigger range 30650-31550
Trend positive again if Nifty closes above 11950, BankNifty above 31250
For Existing Long Positions:
Nifty intraday n Closing basis SL 11825
BankNifty intraday n Closing basis SL 30800
For Existing Short Positions:
Nifty intraday SL n Closing basis SL 11950
BankNifty intraday n Closing basis SL 31250
For New Positions:
Buy Nifty:
SL 11825 Tgt 11925, 11950, 12000
Sell Nifty in 12000-120035 range:
SL 12110 Tgt 11950, 11925
Buy BankNifty:
SL 31000 TGT 31250, 31375, 31500
Sell BankNifty in 31400-31550 range:
SL 31650 TGT 30250
No new in or out in F&O Ban:
Already in Ban: IDBI, DHFL, PC Jewel
PCR 1.32 VIX 14.86
Stock of the Day:
Sell Rel Infra Cash:
SL 76 Tgt 72, 70
Poor results by its subsidiary Rel Power 2950 Cr. Loss
Co. postponed results 3rd time, now on 14th June
Aaj Ka Hero:
Sell Rel Capital Cash:
SL 102 Tgt 96, 93
ADAG stocks to fall more post Rel Power results...
