NIFTY
Current: 7,787 (fut: 7,797)
Target: NA
Stop-loss shorts at 7,855 and stop-loss long positions at 7,725. Big moves could go till 7,675 or 7,925. A long 7,900c (104) and short 8,000c (69) could gain 15 if the index rises to 7,850.
BANK NIFTY
Current: 15,367 (futures: 15,446)
Target: 15,175 (futures: 15,250)
Keep a stop at 15,525 and short. Add to the position between 15,325 and 15,350. Book profits at 15,250. (All futures prices)
TCS
Current: Rs 2,489
Target: Rs 2,520
Keep a stop at Rs 2,460 and go long. Add to the position between Rs 2,500 and Rs 2,510. Book profits at Rs 2,520.
NTPC
Current: Rs 161
Target: Rs 166
Keep a stop at Rs 158 and go long. Add to the position between Rs 163 and Rs 164. Book profits at Rs 166.
CAIRN
Current: Rs 362
Target: Rs 370
Keep a stop at Rs 358 and go long. Add to the position between Rs 366 and Rs 368. Book profits at Rs 370.
Target prices, projected movements in terms of next session, unless otherwise stated
