Current: 7,976 (fut: 7,992),
Target: NA
Stop short positions at 8,050. Stop shorts at 7,920. Big moves could go till 7,850 or 8,125. A long 7,800p (11) and long 8,100c (22) would gain on a big swing.
BANK NIFTY
Current: 15,839 (fut: 15,885)
Target: 16,000 (fut: 16,050)
Keep a stop at 15,800 and go long. Add to the position between 15,975 and 16,000. Book profits at 16,050.
CAIRN
Current price: Rs 325
Target price: Rs 332
Keep a stop at Rs 321 and go long. Add to the position between Rs 328 and Rs 329. Book profits at Rs 332.
TCS
Current price: Rs 2,591
Target price: Rs 2,630
Keep a stop at Rs 2,570 and go long. Add to the position between Rs 2,615 and Rs 2,620. Book profits at Rs 2,630.
JINDAL STEEL
Current price: Rs 213
Target price: Rs 222
Keep a stop at Rs 207 and go long. Add to the position between Rs 218 and Rs 220. Book profits at Rs 222.
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