Current: 7,626 (fut: 7,644),
Target: NA
Stop-loss shorts at 7,700. Stop long positions at 7,590. Bog moves could go till 7,750 or 7,550. A long 7,600p (67) and short 7,500p (37) could gain 10-15 if the futures dipped below 7,600. (All futures prices).
BANK NIFTY
Current: 14,847 (fut: 14,890)
Target: 15,000 (fut: 15;050)
Keep a stop at 14,810 and go long. Add to the position between 14,975 and 15,000. Book profits at 15,050. (All futures prices).
DLF
Current price: Rs 199
Target price: Rs 204
Keep a stop at Rs 196 and go long. Add to the position between Rs 202 and Rs 203. Book profits at Rs 204.
TATA MOTORS
Current price: Rs 447
Target price: Rs 455
Keep a stop at Rs 441 and go long. Add to the position between Rs 450 and Rs 452. Book profits at Rs 455.
GAIL
Current price: Rs 390
Target price: Rs 382
Keep a stop at Rs 395 and go short. Add to the position between Rs 385 and Rs 387. Book profits at Rs 382.
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