Current: 7,945 (fut: 7,982),
Target: NA
Stop-loss shorts at 8,050. Stop long positions at 7,900. Big moves till 7,825 or 8,100 more likely today. A long 8,100c (58) and short 8,200c (30) would gain on a big bounce.
BANK NIFTY
Current: 15,316 (fut: 15,375)
Target: 15,450 (fut: 15,525)
Keep a stop at 15,275 and go long. Add to the position between 15,450 and 15,475. Book profits at 15,525.
GAIL
Current price: Rs 438
Target price: Rs 445
Keep a stop at Rs 432 and go long,. Add to the position between Rs 441 and Rs 443. Book profits at Rs 445.
INFOSYS
Current price: Rs 3,847
Target price: Rs 3,775
Keep a stop at Rs 3,870 and short. Add to the position between Rs 3,790 and Rs 3,810. Book profits at Rs 3,775.
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