NIFTY
Current: 8,660 (fut: 8,690)
Target: NA
Stop-loss long positions at 8,600. Stop-short positions at 8,775. Nifty could swing to 8,825 or 8,500 on unexpected RBI action.
BANK NIFTY
Current: 18,605 (fut: 18,663)
Target: NA
Excess volatility likely. Stop-loss at 150 points from futures entry price. Upside till 19,050 on an (unlikely) rate cut. A long 18,000p (172), 19,000c (260) costs 430 with breakevens at 17,570, 19,430.
SUN PHARMA
Current price: Rs 1,169
Target price: Rs 1,190
Keep a stop at Rs 1,160 and go long. Add to the position between Rs 1,181 and Rs 1,185. Book profits at Rs 1,190.
TATA STEEL
Current price: Rs 318
Target price: Rs 313
Keep a stop at Rs 321 and short. Add to the position between Rs 314 and Rs 315. Book profits at Rs 313.
NTPC
Current price: Rs 152
Target price: Rs 155
Keep a stop at Rs 150 anf go long. Add to the position between Rs 154 and Rs 154.5. Book profits at Rs 155.
Current: 8,660 (fut: 8,690)
Target: NA
Stop-loss long positions at 8,600. Stop-short positions at 8,775. Nifty could swing to 8,825 or 8,500 on unexpected RBI action.
BANK NIFTY
Current: 18,605 (fut: 18,663)
Target: NA
Excess volatility likely. Stop-loss at 150 points from futures entry price. Upside till 19,050 on an (unlikely) rate cut. A long 18,000p (172), 19,000c (260) costs 430 with breakevens at 17,570, 19,430.
SUN PHARMA
Current price: Rs 1,169
Target price: Rs 1,190
Keep a stop at Rs 1,160 and go long. Add to the position between Rs 1,181 and Rs 1,185. Book profits at Rs 1,190.
TATA STEEL
Current price: Rs 318
Target price: Rs 313
Keep a stop at Rs 321 and short. Add to the position between Rs 314 and Rs 315. Book profits at Rs 313.
NTPC
Current price: Rs 152
Target price: Rs 155
Keep a stop at Rs 150 anf go long. Add to the position between Rs 154 and Rs 154.5. Book profits at Rs 155.
Target prices, projected movements in terms of next session, unless otherwise stated
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
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
SAVE 25%