NIFTY
Current: 5,898 (futures: 5,906)
Target: NA
Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction.
STATE BANK OF INDIA
Current price: Rs 2,263
Target price: Rs 2,320
The stock could see a run-up till the Rs 2,320-2,340 levels. Keep a stop at Rs 2,235 and go long. Add to the position between Rs 2,270-2,300. Book profits above Rs 2,320.
DLF
Current price: Rs 261
Target price: Rs 268
The stock has bounced sharply from a recent low of Rs 242. It could rise till the Rs 268-270 level. Keep a stop at Rs 258 and go long. Add to the position between Rs 263 and Rs 266. Book profits above Rs 268.
POWERGRID
Current: Rs 108.25;
Target: Rs 111
The stock could run up till Rs 111-113. Keep a stop at Rs 105 and go long. Add to the position between Rs 109 and Rs 110. Book profits above Rs 111.
BHEL
Current: Rs 207.5;
Target: Rs 213
A recovery till Rs 213-214 is possible. Keep a stop at Rs 205 and go long. Add to the position between Rs 209 and Rs 210. Book profits above Rs 213.
Current: 5,898 (futures: 5,906)
Target: NA
Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction.
STATE BANK OF INDIA
Current price: Rs 2,263
Target price: Rs 2,320
The stock could see a run-up till the Rs 2,320-2,340 levels. Keep a stop at Rs 2,235 and go long. Add to the position between Rs 2,270-2,300. Book profits above Rs 2,320.
DLF
Current price: Rs 261
Target price: Rs 268
The stock has bounced sharply from a recent low of Rs 242. It could rise till the Rs 268-270 level. Keep a stop at Rs 258 and go long. Add to the position between Rs 263 and Rs 266. Book profits above Rs 268.
POWERGRID
Current: Rs 108.25;
Target: Rs 111
The stock could run up till Rs 111-113. Keep a stop at Rs 105 and go long. Add to the position between Rs 109 and Rs 110. Book profits above Rs 111.
BHEL
Current: Rs 207.5;
Target: Rs 213
A recovery till Rs 213-214 is possible. Keep a stop at Rs 205 and go long. Add to the position between Rs 209 and Rs 210. Book profits above Rs 213.
The target prices and projected movements given above are in terms of the next one trading session, unless otherwise stated
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%