Nifty
Current: 10,806 (fut: 10,807), Target: NA
Stop-long positions at 10,700. Stop-short positions at 10,900. Big moves could go till 10,950, 10,650. Be prepared for excess volatility due to Karnataka Assembly results. A long 10,600p (60), long 11,000c (30) is zero-delta with higher put premium. Breakevens at 11,090, 10,510.
Bank Nifty
Current: 26,475 (fut: 26,430)
Target: NA
Also Read
Stop-long positions at 26,300. Stop-short positions at 26,550. Big moves could go till 26,850, 26,000. Be prepared for excess volatility due to Karnataka Assembly results.
NTPC
Current price: Rs 171
Target price: Rs 175
Keep a stop at Rs 169 and go long. Add to the position between Rs 173 and Rs 174. Book profits at Rs 175.
Power Finance
Current price: Rs 79.5
Target price: Rs 77
Keep a stop at Rs 80.5 and go short. Add to the position between Rs 77.5 and Rs 78. Book profits at Rs 77.
Tata Motors
Current price: Rs 323,
Target price: Rs 317
Keep a stop at Rs 326 and go short. Add to the position between Rs 318 and Rs 319. Book profits at Rs 317.
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 →*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%