Nifty Current: 10,539 (futures: 10,532) Target: NA Stop long positions at 10,475. Stop short positions at 10,605. Big moves could go till 10,700 , 10,375. Bank Nifty Current: 25,701 (futures: 25,715) Target: NA Stop long positions at 25,600. Stop short positions at 26,800. Big moves could go till 26,025 , 25400 Tata Steel Current: Rs 713 Target: Rs 725 Keep a stop at 706 and go long.
Add to the position between 721-723. Book profits at 725.BPCL Current: Rs 467 Target: Rs 460 Keep a stop at 471 and go short. Add to the position between 461-463. Book profits at 460. Power Grid Current: Rs 198.5 Target: Rs 203 Keep a stop at 197 and go long. Add to the position between 201-202. Book profits at 203. Target prices, projected movements in terms of next session, unless otherwise stated