Current: 8,358 (fut: 8,384),
Target: NA
Stop shorts at 8,435. Stop long positions at 8,325. A big move could go till 8,275, or 8,500. A long 8,300p (43), short 8,200p (21) could double if 8,300 is hit.
BANK NIFTY
Current: 17,453 (fut: 17,515)
Target: 17,200 (fut: 17,300)
Keep a stop at 17,650 and short. Add to the position between 17,375 and 17,400. Book profits at 17,300.
INFOSYS
Current price: Rs 4,179
Target price: Rs 4,250
Keep a stop at Rs 4,140 and go long. Add to the position between Rs 4,220 and Rs 4,240. Book profits at Rs 4,260.
BPCL
Current price: Rs 730
Target price: Rs 715
Keep a stop at Rs 740 and go short. Add to the position between Rs 718 and Rs 720. Book profits at Rs 715.
MARUTI
Current price: Rs 3,328
Target price: Rs 3,275
Keep a stop at Rs 3,260 and go short. Add to the position between Rs 3,290 and Rs 3,300. Book profits at Rs 3,275.
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