Nifty
Current: 8,236 (fut: 8,253), Target: NA
Stop loss long positions at 8170. Stop loss short positions at 8300. Big moves could go till 8375, 8125. The cost is 36 with breakevens at 8064, 8436 and a maximum return of 64.
Bank Nifty
Current: 18,286 (fut: 18,230), Target: NA
Stop loss long positions at 18210. Stop short positions at 18430. Big moves could go till 18650, 17975. Index currently range-bound with key resistance at 18370-18400 and support at 18200-18225.
Also Read
ITC
Current price: Rs 246, Target price: Rs 250
Keep a stop at 244 and go long. Add to the position between 248-249. Book profits at 250.
Coal India
Current price: Rs 300, Target price: Rs 294
Keep a stop at 303 and go short. Add to the position between 295-296. Book profits at 294.
Dr Reddy's Lab
Current price: Rs 3060, Target price: Rs 3000
Keep a stop at 3095 and go short. Add to the position between 3020-3030. Book profits at 3000.
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%