Positive sentiments and foreign institutional investors (FII), neutral futures & options (F&O) and global market and negative domestic institutional investors (DIIs) cues suggest that the short-term trend of the Indian stock markets will be positive on Friday, March 15, 2019.

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Earlier on Thursday, March 14, 2019, the benchmark domestic stocks closed almost flat. Both Sensex and Nifty witnessed marginal gains amid mixed global markets for the fourth straight session. The S&P BSE Sensex gained 2.72 points to end at 37,754.89 while Nifty 50 added 1.55 points and closed at 11,343.25. Nifty Bank also logged a marginal growth of 38.80 points and settled at 28,923.10. 

Selling in heavyweights like HCL technologies (down 2.17%), Hero MotoCorp (down 1.81%), UltraTech Cement (down 1.61%), Tata Motors (down 1.27%) and ICICI Bank (down 1%) restricted gains in key benchmarks. 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for March 15:
Small Day range on Nifty stands at 11,300-11,375 while the medium and bigger ranges lie between 11,275-11,400 and 11,225-11,450. 
Small day range on Bank Nifty stands at 28,800-28,925 while the medium and bigger ranges lie between 28,700-29,000 and 28,500-29,075. 
Day support zone on the two indices, Nifty and Bank Nifty, lies between 11,275-11,300 and 28,800-28,850 respectively. 

For Existing Long Positions:
Nifty Intraday stop loss 11,275 and Closing stop loss 11300.
BankNifty Intraday stop loss 28,800 and Closing stop loss 28,500.

For Existing short positions:
Nifty Intraday stop loss 11,400 and Closing stop loss 10,350. 
Bank Nifty Intraday stop loss 29,100 and Closing stop loss 29,000. 

For New Positions:
Buy Nifty in 11,275-11,300 range with a stop loss of 11,225 and target 11,340, 11,375. 
Sell Nifty near 11,375-11,400 range with a stop loss of 11,450 and target 11,325, 11,300. 

Buy Bank Nifty near 28,800 with a stop loss of 28,750 and target 28,925, 29,000, 29,050. 
Sell Bank Nifty with a stop loss of 29,100 and target 28,800, 28,500. 

The put-call ratio (PCR) stands at 1.72 and the volatility index (VIX) is 15.15.

Enters F&O Ban: Adani Enterprises.
Out of Ban: Nil
5 Already in Ban: IDBI, Reliance Power, Jet Airways, Reliance Infrastructure, BEML

Stock of the Day:
Sell Reliance Capital Futures: Stop loss 170 and target 165, 161, 158. Promoters increased pledge shares. Other group companies pledged stocks being sold. 

Aaj Ka Hero:
Sell Coal India Cash: Stop loss 245 and target 238, 235, 232. Rs 5.85 dividend is less than expected. Not much cash left in the Balance Sheet now.