NIFTY
Current: 6,018 (futures: 6,065);
Target: NA
The index seems to be in a short/ intermediate term downtrend. Stop loss shorts at 6,125 and stop loss long positions at 6,000. Breakouts could go till 6,175 or 5,900. A bearspread of long 6,000p (69.5) and short 5,900p (39.5) has already gained. It could gain another 15-20 if 6,000 is struck. (All futures prices).
SBI
Current: Rs 1,672;
Target: Rs 1,630
Keep a stop at Rs 1,689 and short. Add to the position between Rs 1,650 and Rs 1,665. Book profits below Rs 1,630.
TATA POWER
Current price: Rs 79.1;
Target price: Rs 77
Keep a stop at Rs 80.1 and short. Add to the position between Rs 78.25 and Rs 78.5. Book profits below Rs 77.
DLF
Current price: Rs 144;
Target price: Rs 139
Keep a stop at Rs 147 and short. Add to the position between Rs 140 and Rs 142. Book profits below Rs 139.
The target prices and projected movements given above are in terms of the next one trading session, unless otherwise stated
Current: 6,018 (futures: 6,065);
Target: NA
The index seems to be in a short/ intermediate term downtrend. Stop loss shorts at 6,125 and stop loss long positions at 6,000. Breakouts could go till 6,175 or 5,900. A bearspread of long 6,000p (69.5) and short 5,900p (39.5) has already gained. It could gain another 15-20 if 6,000 is struck. (All futures prices).
SBI
Current: Rs 1,672;
Target: Rs 1,630
Keep a stop at Rs 1,689 and short. Add to the position between Rs 1,650 and Rs 1,665. Book profits below Rs 1,630.
TATA POWER
Current price: Rs 79.1;
Target price: Rs 77
Keep a stop at Rs 80.1 and short. Add to the position between Rs 78.25 and Rs 78.5. Book profits below Rs 77.
DLF
Current price: Rs 144;
Target price: Rs 139
Keep a stop at Rs 147 and short. Add to the position between Rs 140 and Rs 142. Book profits below Rs 139.
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%