Current: 9,736 (fut: 9,772), Target: NA
Stop-long positions at 9,700. Stop-short positions at 9,855. Big moves could go till 9,900, 9,650. Trend remains bearish but short-covering could bring relief. A trader could sell October 9,600p (78), 9,900p (76) intending to buyback on Friday or Tuesday.
Bank Nifty
Current: 23,813 (fut: 23,817)
Also Read
Stop-long positions at 23,700. Stop-short positions at 23,925. Big moves could go till 24,125, 23,500. The trend remains negative but there may be short-covering going into settlement.
Wipro
Current price: Rs 288
Target price: Rs 292
Keep a stop at Rs 286 and go long. Add to the position between Rs 290 and Rs 291. Book profits at Rs 292.
Larsen & Toubro
Current price: Rs 1,137
Target price: Rs 1,115
Keep a stop at Rs 1,150 and go short. Add to the position between Rs 1,120 and Rs 1,125. Book profits at Rs 1,115.
Sun Pharma
Current price: Rs 495
Target price: Rs 486
Keep a stop at Rs 500 and go short. Add to the position between Rs 488 and Rs 490. Book profits at Rs 486. 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
