11th June Strategy:
Global: Positive
FII: Neutral
DII: Neutral
F&O: Neutral
Sentiment: Positive
Trend: Neutral
Nifty 11900 BankNifty 31000 nirnayak level
Nifty 11875-11975 small day range, Medium range 11825-12000. Bigger range 11750-12075.
BankNifty 30850-31250 small day range, 30650-31375 medium range. Bigger range 30500-31500
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 12000 n Closing basis SL 11950
BankNifty intraday n Closing basis 31250
For New Positions:
Buy Nifty:
SL 11825 Tgt 11975, 12000, 12035
Sell Nifty in 12000-120035 range:
SL 12110 Tgt 11950
Buy BankNifty:
SL 30850 TGT 31250, 31375, 31500
Sell BankNifty in 31375-31500 range:
SL 31550 TGT 31250, 31150
No new in or out in F&O Ban:
Already in Ban: IDBI, DHFL, PC Jewel
PCR 1.36 VIX 14.97
Stock of the Day:
Sell IndiaBulls Hsg Futures:
SL 735 Tgt 720, 705
Given in Kal ke 2000, book profit at gap down opening
Aaj Ka Hero:
Buy Sterlite Tech:
SL 172 Tgt 178, 180
Promoters revoked full 52% pledged stake
