NIFTY
Current: 7,915 (fut: 7,938),
Target: NA
Stop-loss short positions at 8,000. Stop-long positions at 7,870. Big moves could go till 7,800, 8,050. Trend looks negative but short-covering could cause an upswing. A long 8,000c (65), short 8,200c (32) could gain 10-15 if 8,000 is tested.
BANK NIFTY
Current: 17,003 (fut: 17,069)
Target: NA
Stop-long positions at 16,900. Stop-short positions at 17,125. Big moves could go till 17,350, 16,700. Short-covering could create an upswing.
MARUTI SUZUKI
Current price: Rs 4,628
Target price: Rs 4,700
Keep a stop at Rs 4,580 and go long. Add to the position between Rs 4,670 and Rs 4,680. Book profits at Rs 4,700.
SUN PHARMA
Current price: Rs 757
Target price: Rs 770
Keep a stop at Rs 750 and go long. Add to the position between Rs 763 and Rs 766. Book profits at Rs 770.
BHEL
Current price: Rs 184
Target price: Rs 180
Keep a stop at Rs 186 and go short. Add to the position between Rs 181 and Rs 182. Book profits at Rs 180.
Target prices, projected movements in terms of next session, unless otherwise stated
