Bank Nifty Current: 25,811 (futures: 25,920) Target: NA Stop long positions at 25,775. Stop short positions at 26,050. Big moves could go till 26,350, 25,550. Trend could stay negative with short-covering rallies hitting resistance at 26200 NTPC Current: Rs 165 Target: Rs 169 Keep a stop at 163 and go long. Add to the position between167-168. Book profits at 169. Nifty Current: 10,498 (futures: 10,534) Target: NA Stop long positions at 10,425. Stop short positions at 10,625.
Big moves could go till 10,675, 10,390. A rebound could hit resistance at 10,650-675. Key support at 10,250-10,300. Tata Motors Current: Rs 375 Target: Rs 370 Keep a stop at 379 and go short. Add to the position between 371-372. Book profits at 370. Lupin Current: Rs 800 Target: Rs 770 Keep a stop at 805 and go short. Add to the position between 783-787. Book profits at 770.
Target prices, projected movements in terms of next session, unless otherwise stated