Amid positive domestic institutional investors (DIIs), neutral foreign institutional investors (FIIs) and futures and options (F&O) and negative global market cues, the short-term trend of the domestic Indian markets will be Neutral today, on August 13, 2019, while the sentiments are cautious.

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Earlier on Friday, August 9, 2019, Equity benchmarks closed in Green for the consecutive second day. BSE Sensex gained 254.55 points, 0.68%, to close at 37,581.91. Nifty 50 at the NSE rose 77.20 points, 0.70%, to settle at 11,109.65 and Bank Nifty climbed 321.45 points, 1.14%, to 28,431.90. 

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Zee Business's Managing Editor Anil Singhvi's Market Strategy for August 13:

11,100 and 28,500 are going to be the deciding levels on Nifty and Bank Nifty.

Small day range for trading on Nifty stands at 11,050-11,125 while the medium and bigger range lies between 11,000-11,175 and 10,950-11,200.

Small day range for trading on Bank Nifty stands at 28,250-28,500 while the medium and bigger range lies between 28,150-28,600 and 28,050-28,750.  

For Existing Long Positions:

Nifty intraday and closing stop loss 11,000

Bank Nifty intraday stop loss 28,200 and closing stop loss 28,000. 

For Existing Short Positions:

Nifty intraday and closing stop loss 11,200.

Bank Nifty intraday and closing stop loss 28,600. 

For New Positions:

Sell Nifty with a stop loss of 11,200 and target 11,050, 11,000, 10,975.

Buy Nifty in 10,975-11,000 range with a stop loss of 10,950 and target 11,050, 11,075, 11,125.

Sell Bank Nifty with a stop loss of 28,600 and target 28,250, 28,150, 28,050.

Buy Bank Nifty in 28,000-28,050 range with a stop loss of 27,900 and target of 28,150, 28,250. 

The put-call ratio (PCR) is 1.24 and the volatility index (VIX) is 15.85.

Result Analysis:

Short BHEL Futures: Stop loss 58 and target 55, 53. Worst ever performance, execution problems continued.

Short Century Textiles Futures: Stop loss 920 and target 890, 875. Poor operational performance. 

Stock of the Day:

Sell Bharti Airtel Futures: Stop loss 375 and target 360, 355, 350. Increased competition is a big issue for the company. 

Aaj Ka Hero:

Sell PVR Futures: Stop loss 1485 and target 1420, 1380. Increased competition is a big issue for premium business.