NIFTY
Current: 8,042 (fut: 8,058)
Target: NA
Stop short positions at 8,125. Stop long positions at 7,990. Big moves could go till 7,925 or 8,175. A long 8,000p (42) and short 7,900p (18) costs 24 and it could gain 10-15 if 8,000 is hit. (All futures prices)
BANK NIFTY
Current: 16,168 (futures: 16,215)
Target: 15,975 (futures: 16,025)
Keep a stop at 16,275 and short. Add to the position between 16,100 and 16,125. Book profits at 16,025. (All futures prices)
LUPIN
Current: Rs 1,416
Target: Rs 1,440
Keep a stop at Rs 1,400 and go long. Add to the position between Rs 1,430 and Rs 1,435. Book profits at Rs 1,440.
JINDAL STEEP & POWER
Current: Rs 225
Target: Rs 215
Keep a stop at Rs 230 and go short. Add to the position between Rs 218 and Rs 220. Book profits at Rs 215.
COAL INDIA
Current: Rs 352
Target: Rs 345
Keep a stop at Rs 357 and short. Add to the position between Rs 346 and Rs 348. Book profits at Rs 345.
Target prices, projected movements in terms of next session, unless otherwise stated
