Neutral foreign institutional investors (FIIs) and futures & options (F&O), negative global outlook and domestic institutional investors (DIIs) and cautious sentiments cues suggest that the short-term trend of the domestic stock markets will be neutral today, April 9, 2019.
 
Earlier on Monday, April 8, 2019, the domestic stock markets slipped and settled with modest losses. The S&P BSE Sensex lost 161.70 points, or 0.42 per cent, to close at 38,700.53. the Nifty 50 fell 61.45 points, or 0.53 per cent, to 11,604.50 and Nifty Bank lost 239.35 points, or 0.80 per cent, to settle at 29,845.30. 

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See Zee Business video below:

Zee Business's Managing Editor Anil Singhvi's Market Strategy for April 9: 
11,600 will be the deciding level on Nifty. 
The small and medium day range for trading on Nifty lies between the mark of 11,550-11,650 and 11,500-11,700. 
The small and medium day range for trading on Bank Nifty lies between 29,700-30,000 and 29,550-30,100. 
Support zone on the two indices, Nifty and Bank Nifty, lies between 11,500-11,550 and 29,500-29,650 respectively. 

See Anil Singhvi's tweet below:

For Existing Long Positions:
Nifty Intraday stop loss triggered, Closing stop loss 11,600 and target 11,675, 11,700.
Bank Nifty Intraday and Closing stop loss triggered at 29900

For Existing short positions:
Nifty Intraday and Closing stop loss 11,725 and target 11,550, 11,525. 
Bank Nifty Intraday and Closing stop loss 30,100 and target 29,700, 29,650. 

For New Positions:
Buy Nifty in 11,500-11,525 range with a stop loss of 11,450 and target 11,600, 11,650. 
Sell Nifty in 11,675-11,725 range with a stop loss of 11,775 and target 11,650, 11,600. 

Buy Bank Nifty in 29500-29600 range with a stop loss of 29,400 and target 29,700, 29,800, 29,900. 
Sell Bank Nifty in 30,000-30,150 range with a stop loss of 30,250 and target 29,900, 29,800. 

The put-call ratio (PCR) stands at 1.38 and the volatility index (VIX) is 20.15.

3 Enter F&O Ban: DLF, PC Jewel and Wockhardt
Exit Ban: DHFL
4 Already in Ban: Adani Power, IDBI, Jet Airways, Reliance Power

Stock of the Day:
Sell BPCL Futures: Stop loss 355 and target 345, 340. 
3 Negatives: Higher crude, weak Rupee and stable petrol diesel prices. 

Sell Indiabulls Housing Futures: Stop loss 880 and target 855, 845 840
 
Aaj Ka Hero:
Sell Tata Motors Futures: Stop loss 203 and target 197, 195, 190. Weak US JLR Sales nos.