Amid neutral domestic institutional investors (DIIs), future and option (F&O) and global market, negative foreign institutional investors (FII) and cautious sentiments cue the short-term trend of the Indian market will remain neutral on Tuesday, February 12, 2019.

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Earlier, tracking the global market cues on Monday, February 11, 2019, the domestic markets logged modest losses on worries about global growth amid China-US tariff tiff. The Nifty 50 at the National Stock Exchange fell 54.80 points, or 0.50%, to end at 10,888.80 while Bank Nifty was down 66.60 points, or 0.24%, and ended at 27,227.80. 

The Sensex at the Bombay Stock Exchange declined 151.45 points, or 0.41%, at close at 36,395.03. 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for February 12: 

10,900 and 27,200 are the deciding levels on Nifty and Bank Nifty respectively. 

The small trading range on Nifty stands at 10,850-10,925 while the medium and extreme ranges lie between 10,825-10,950 and 10,800-11,000.

The small trading range on Bank Nifty stands at 27,150-27,300 while the medium and extreme ranges lie between 27,050-27,400 and 26,900-27,500.

Traders are advised to cut their short positions if Nifty closes above the mark of 10,950. 

They, the traders, should reduce their long positions if Bank Nifty closes below the mark of 27,150. 

For Existing Long Positions:
Nifty stop loss already triggered below 10,900.

Banknifty stop loss 27,150 and target 27,300, 27,400, 27,450.  

For Existing short positions:
Nifty stop loss 10,950 and target 10,850, 10,825. 

Bank Nifty stop loss 27,400 and target 27,150, 27,050. 

For New Positions:
Sell Nifty in 10,925-10,975 range with a stop loss of 11,000 and target 10,900, 10,850. 

Buy Nifty in 10,825-10,850 range with a stop loss of 10,800 and target 10,900, 10,925. 

Sell Bank Nifty in 27,350-27,450 range with a stop loss of 27,550 and target 27,250, 27,150. 

Buy Bank Nifty in 27,050-27,150 range with a stop loss of 26,900 and target 27,250, 27,300. 
The put-call ratio (PCR) stands at 1.47 and the volatility index (VIX) is 15.84.  
Axis Bank: Keep an eye on 690-710 range closing basis. 
Stock of the Day:
Sell Eicher Motors Futures: Stop loss 21,000 and target 20,000, 19,500. Weak guidance on volume after results
Aaj Ka Hero:
Buy Eveready: Stop loss 205 and target 214, 217, 228. Media reports many buyers in the race to buy promoters stake.