Nifty
Current: 8,108 (fut: 8,126)
Target: NA
Stop-loss long positions at 8,045. Stop-short positions at 8,200. Big moves could go till 7,975, 8,250. A long 8000p (81), short 7,900p (56) could gain 20-25 if support at 8,025 is tested.
Bank Nifty
Current: 19,290 (futures: 19,370)
Target: NA
Stop-loss long positions at 19,250. Stop-loss short positions at 19,520. Big moves could go till 19,000, 19,750. Downtrend may continue.
Tata Steel
Current price: Rs 457
Target price: Rs 470
Keep a stop at Rs 452 and go long. Add to the position between Rs 467 and Rs 469. Book profits at Rs 470.
UltraTech Cement
Current: Rs 3,365
Target: Rs 3,300
Keep a stop at Rs 3,400 and go short. Add to the position between Rs 3,310 and Rs 3,320. Book profits at Rs 3,300.
Idea Cellular
Current: Rs 71
Target: Rs 68
Keep a stop at Rs 72 and go short. Add to the position between Rs 69 and Rs 70. Book profits at Rs 68.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated
