Nifty
Current: 8,453 (fut: 8,455),
Target: NA
Stop-loss short positions at 8,510. Stop-long positions at 8,375. A big move could go till 8,550, 8,350. A long 8,600c (70), short 8,700c (41) could gain 10-15 if the index moves above 8,525.
Bank Nifty
Current: 18,582 (fut: 18,554)
Target: NA
Stop-loss short positions at 18,450. Stop-long positions at 18,700. A big move could go till 18,300, 18,800. There seems
to be an upside bias.
Ambuja Cement
Current price: Rs 238
Target price: Rs 243
Keep a stop at Rs 235 and go long. Add to the position between Rs 240 and Rs 241. Book profits at Rs 243.
BHEL
Current price: Rs 258
Target price: Rs 263
Keep a stop at Rs 255 and go long. Add to the position between Rs 261 and Rs 262. Book profits
at Rs 263.
PowerGrid
Current price: Rs 142
Target price: Rs 146
Keep a stop at Rs 140 and go long. Add to the position between Rs 144 and Rs 145. Book profits at Rs 146.
Target prices, projected movements in terms of next session, unless otherwise stated
