NIFTY
Current: 6,168 (futures: 6,193);
Target: NA
Stop-loss shorts at 6,250 and stop-loss long positions at 6,150. Breakouts or breakdowns could go till 6,300 or 6,100, respectively. The bearspread of long 6,200p (83) and short 6,100p (54) can be held - it will gain 15-20 if the index drops below 6,125.
AXIS BANK
Current price: Rs 1,185;
Target price: Rs 1,150
Keep a stop-loss at Rs 1,210 and go short. Add to the position between Rs 1,160 and Rs 1,175. Book profits at Rs 1,150.
INFOSYS
Current price: Rs Rs 3,451;
Target price: Rs 3,535
Keep a stop at Rs 3415 and go long. Add to the position between Rs 3,475 and Rs 3,510. Book profits above Rs 3,535. If Rs 3,415 is broken, go short with a target of Rs 3,375 and a stop-loss at Rs 3,450.
SESA STERLITE
Current price: Rs 200;
Target price: Rs 208
Keep a stop at Rs 195 and go long. Add to the position between Rs 202 and Rs 205. Book profits above Rs 208.
L&T
Current: Rs 972;
Target: Rs 935
Keep a stop at Rs 995 and short. Add to the position between Rs 950 and Rs 970. Book profits profits below Rs 935.
The target prices and projected movements given above are in terms of the next one trading session, unless
otherwise stated
Current: 6,168 (futures: 6,193);
Target: NA
Stop-loss shorts at 6,250 and stop-loss long positions at 6,150. Breakouts or breakdowns could go till 6,300 or 6,100, respectively. The bearspread of long 6,200p (83) and short 6,100p (54) can be held - it will gain 15-20 if the index drops below 6,125.
AXIS BANK
Also Read
Target price: Rs 1,150
Keep a stop-loss at Rs 1,210 and go short. Add to the position between Rs 1,160 and Rs 1,175. Book profits at Rs 1,150.
INFOSYS
Current price: Rs Rs 3,451;
Target price: Rs 3,535
Keep a stop at Rs 3415 and go long. Add to the position between Rs 3,475 and Rs 3,510. Book profits above Rs 3,535. If Rs 3,415 is broken, go short with a target of Rs 3,375 and a stop-loss at Rs 3,450.
SESA STERLITE
Current price: Rs 200;
Target price: Rs 208
Keep a stop at Rs 195 and go long. Add to the position between Rs 202 and Rs 205. Book profits above Rs 208.
L&T
Current: Rs 972;
Target: Rs 935
Keep a stop at Rs 995 and short. Add to the position between Rs 950 and Rs 970. Book profits profits below Rs 935.
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%