NIFTY
Current: 7,623 (fut: 7,630)
Target: NA
Stop-loss shorts at 7,700. Stop long positions at 7,550. Big moves could go till 7,500 or 7,750. A long 7,800c (79) and 7900c (50) could double if the index climbs above 7,700. (All futures price)
BANK NIFTY
Current: 14,998 (futures: 14,990)
Target: 14,775 (futures: 14,800)
Keep a stop at 15,050 and short. Add to the position between 14,900 and 14,925. Book profits at 14,800. (All futures price)
SUN PHARMA
Current: Rs 726
Target: Rs 740
Keep a stop at Rs 718 and go long. Add to the position between Rs 732 and Rs 734. Book profits at Rs 740.
BHEL
Current: Rs 243
Target: Rs 235
Keep a stop at Rs 249 and short. Add to the position between Rs 238 and Rs 240. Book profits at Rs 235.
POWERGRID
Current: Rs 138
Target: Rs 144
Keep a stop at Rs 135 and go long. Add to the position between Rs 141 and Rs 142. Book profits at Rs 144.
Target prices, projected movements in terms of next session, unless otherwise stated
