Current: 8,353 (fut: 8,353),
Target: NA
Stop-loss short positions at 8,425. Stop-long positions at 8,275. A long 8,400c (30), short 8,500c (7) costs 23 and it could gain 15-20 if the futures moves above 8,425.
BANK NIFTY
Current: 18,335 (fut: 18,321)
Target: 18,525 (fut: 18,500)
Keep a stop at 18,220 and go long. Add to the position between 18,450 and 18,475. Book profits at 18,500. A fall below 18,175 could mean a drop till 18,100
BHEL
Current price: Rs 247
Target price: Rs 252
Keep a stop at Rs 244 and go long. Add to the position between Rs 249 and Rs 250. Book profits at Rs 252.
INFOSYS
Current price: Rs 1,024
Target price: Rs 1,045
Keep a stop at Rs 1,010 and go long. Add to the position between Rs 1,035 and Rs 1,040. Book profits at Rs 1,045.
TATA POWER
Current price: Rs 74.5
Target price: Rs 76.5
Keep a stop at Rs 73.5 and go long. Add to the position between Rs 75 and Rs 76. Book profits at Rs 76.5.
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