Nifty Current: 10,326 (fut: 10,351) Target: NA Stop-long positions at 10,275. Stop-short positions at 10,425. Big moves could go till 10,475, 10,225. A long 10,300p (49), short 10,200p (25) could gain 15-20 if the index drops till 10,275. Bank Nifty Current: 25,757 (futures: 25,795) Target: NA Stop-long positions at 25,675. Stop-short positions at 25,925.
Big moves could go till 26,100, 25,500. Slight downside bias.Sun Pharma Current price: Rs 538 Target price: Rs 550 Keep a stop at Rs 532 and go long. Add to the position between Rs 545 and Rs 547. Book profits at Rs 550. Coal India Current price: Rs 274 Target price: Rs 270 Keep a stop at Rs 276 and go short. Add to the position between Rs 271 and Rs 272, Book profits at Rs 270. Tata Steel Current price: Rs 711 Target price: Rs 700 Keep a stop at Rs 718 and go short. Add to the position between Rs 702 and Rs 704, Book profits at Rs 700.
Target prices, projected movements in terms of next session, unless otherwise stated