NIFTY
Current: 8,786 (fut: 8,839)
Target: NA
Stop-loss long positions at 8,775. Stop-short positions at 8,910. Big moves could go till 8,950, 8,725. Trend remains bullish. A long 8,900c (82), short 9,000c (47) could gain 10-15 if the index hits 8,875.
BANK NIFTY
Current: 19,784 (futures: 19,857)
Target: NA
Stop-long positions at 19,750. Stop-short positions at 19,950. Big moves could go till 19,575, 20,150. trend remains bullish.
ULTRATECH
Current price: Rs 4,029
Target price: Rs 3,975
Keep a stop at Rs 4,065 and go short. Add to the position between Rs 3,980 and Rs 3,995. Book profits at Rs 3,975.
TATA POWER
Current: Rs 78.5
Target: Rs 80.5
Keep a stop at Rs 77.5 and go long. Add to the position between Rs 79 and Rs 79.5. Book profits at Rs 80.5.
LUPIN
Current: Rs 1,482
Target: Rs 1,460
Keep a stop at Rs 1,495 and go short. Add to the position between Rs 1,465 and Rs 1,470. Book profits at Rs 1,460.
Target prices, projected movements in terms of next session, unless otherwise stated
