NIFTY
Current: 8,454 (fut: 8,466)
Target: NA
Stop-long positions at 8,525. Stop-short positions at 8,375. Big moves could go till 8,325 or 8,575. A long 8,400p (76), short 8,300p (46) could gain 10-15 if 8,400 is struck.
BANK NIFTY
Current: 18,780 (futures: 18,838)
Target: 18,550 (futures: 18,575)
Stop-loss short positions at 18,900.
Stop-long positions at 18,700. Bank Nifty is more likely to fall, so go short, with a target of 18,575.
COAL INDIA
Current: Rs 434
Target: Rs 440
Keep a stop at Rs 430 and go long. Add to the position between Rs 438 and Rs 439. Book profits at Rs 440.
BPCL
Current: Rs 927
Target: Rs 940
Keep a stop at Rs 917 and go long. Add to the position between Rs 935 and Rs 938. Book profits at Rs 940.
TATA MOTORS
Current: Rs 386
Target: Rs 380
Keep a stop at Rs 389 and short. Add to the position between Rs 382 and Rs 383. Book profits at Rs 380.
Target prices, projected movements in terms of next session, unless otherwise stated
