NIFTY
Current: 8,462 (futures: 8,491)
Target: NA
Stop-loss short positions at 8,670. Stop-long positions at 8,420. Big moves could go till 8,375, 8,625. A long 8400p (66), short 8,500p (39), could gain 10-15 if the index drops till 8,400.
BANK NIFTY
Current: 18,617 (futures: 18,687)
Target: 18,425 (futures: 18,475)
Keep a stop at 18,810 and go sort. Add to the position between 18,500 and 18,525. Book profits at 18,475.
TATA STEEL
Current: Rs 247
Target: Rs 243
Keep a stop at Rs 250 and short. Add to the position between Rs 244 and Rs 245. Book profits at Rs 243.
ZEE ENTERTAINMENT
Current: Rs 415
Target: Rs 423
Keep a stop at Rs 411 and go long. Add to the position between Rs 419 and Rs 420. Book profits at Rs 423.
VEDANTA
Current: Rs 123.5
Target: Rs 121
Keep a stop at Rs 125 and short. Add to the position between Rs 121.5 and Rs 122.5. Book profits at Rs 121.
Target prices, projected movements in terms of next session, unless otherwise stated
