NIFTY
Current: 5,728 (futures: 5,756)
Target: NA
Another bounce from 5,675. But the index still seems bearish. Session limits could be 5,675, 5,800 with possible breakouts till 5,625 or 5,850. Stop loss shorts at 5,850 (futures price) and stop loss long positions at 5,700 (futures price). The long 5,700p (96) and short 5,600p (34) is still worth holding.
DLF
Current: Rs 137.85;
Target: Rs 131
New 52-week low at Rs 137-Rs 138. Keep a stop at Rs 142 and short. Add to the position between Rs 135 and Rs 137. Book profits at Rs 131.
RANBAXY
Current: Rs 262.5;
Target: Rs 250
New 52-week low at Rs 260-261. Keep a stop at Rs 269 and short. Add to the position between Rs 258 and Rs 260. Book profits below Rs 250.
IDFC
Current: Rs 105;
Target: Rs 101.25
New 52-week low at Rs 101 followed by a recovery on short-covering. Keep a stop at Rs 108 and short. Add to the position between Rs 102-103.5. Book profits at Rs 101 or book partial profits and hold for a target of Rs 98 with a stop loss at Rs 103.
Current: 5,728 (futures: 5,756)
Target: NA
Another bounce from 5,675. But the index still seems bearish. Session limits could be 5,675, 5,800 with possible breakouts till 5,625 or 5,850. Stop loss shorts at 5,850 (futures price) and stop loss long positions at 5,700 (futures price). The long 5,700p (96) and short 5,600p (34) is still worth holding.
DLF
Current: Rs 137.85;
Target: Rs 131
New 52-week low at Rs 137-Rs 138. Keep a stop at Rs 142 and short. Add to the position between Rs 135 and Rs 137. Book profits at Rs 131.
RANBAXY
Current: Rs 262.5;
Target: Rs 250
New 52-week low at Rs 260-261. Keep a stop at Rs 269 and short. Add to the position between Rs 258 and Rs 260. Book profits below Rs 250.
IDFC
Current: Rs 105;
Target: Rs 101.25
New 52-week low at Rs 101 followed by a recovery on short-covering. Keep a stop at Rs 108 and short. Add to the position between Rs 102-103.5. Book profits at Rs 101 or book partial profits and hold for a target of Rs 98 with a stop loss at Rs 103.
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%