Nifty
Current: 9,386 (fut: 9,388) Target: NA
Stop short positions at 9,450 and long positions at 9,325. Big moves could go till 9,500, 9,295. A long 9,300p (23), short 9,200p (12) could double or triple in value if the index drops to 9,300.
Bank Nifty
Current: 22,582 (futures: 22,575)
Target: NA
Also Read
Stop long positions at 22,475. stop short positions at 22,675. Big moves could go till 22,250, 22,900. Correction may continue
Hindalco
Current price: Rs 192
Target price: Rs 196
Keep a stop at Rs 190 and go long. Add to the position between Rs 194 and Rs 195. Book profits at Rs 196
Coal India
Current price: Rs 268
Target price: Rs 263
Keep a stop at Rs 270 and go short. Add to the position between Rs 264 and Rs 265. Book profits at Rs 263.
Aurobindo Pharma
Current price: Rs 542
Target price: Rs 532
Keep a stop at Rs 547 and go short. Add to the position between Rs 533 and Rs 534. Book profits at Rs 532.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated
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