Current: 10,234 (fut: 10,256), Target: NA
Stop-long positions at 10,175. Stop-short positions at 10,325. Big moves could go till 10,375, 10,125. A butterfly of long 10,200c (94), two short 10,300c (39x2), long 10,400c (14) costs 30 and it could pay a maximum of 70 at an index value of 10,300.
Bank Nifty
Also Read
Current: 24,644 (fut: 24,667)
Target: NA
Stop-long positions at 24,575. Stop-short positions at 24,775. Big moves could go till 25,000, 24,300. The financial index is much less bullish than the broader market.
Axis Bank
Current price: Rs 513
Target price: Rs 505
Keep a stop at Rs 518 and go short. Add to the position between Rs 506 and Rs 508. Book profits at Rs 505.
BPCL
Current price: Rs 513
Target price: Rs 525
Keep a stop at Rs 507 and go
long. Add to the position between Rs 520 and Rs 522. Book profits at Rs 525.
Infosys
Current price: Rs 930
Target price: Rs 910
Keep a stop at Rs 940 and go short. Add to the position between Rs 915 and Rs 920. Book profits at Rs 910. Target prices, projected movements in terms of next session, unless otherwise stated
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
