NIFTY
Current: 8,467 (futures: 8,482)
Target: NA
Stop-loss short positions at 8,565. Stop-loss long positions at 8,395. A big move could go till 8,600, 8,350. A long 8,400p (50) short 8,300p (26) could gain 10-15 if 8,400 is struck.
BANK NIFTY
Current: 18,781 (futures: 18,813)
Target: NA
Stop -loss short positions at 18,910. Stop -long positions at 18,710. Big moves could go till 18,600 or till 19,000. A downtrend looks more likely.
TCS
Current price: Rs 2,741
Target price: Rs 2,790
Keep a stop at Rs 2,710 and go long. Add to the position between Rs 2,765 and Rs 2,775. Book profits at Rs 2,790.
TATA MOTORS
Current price: Rs 349
Target price: Rs 344
Keep a stop at Rs 352 and go short. Add to the position between Rs 345 and Rs 346. Book profits at Rs 344.
BPCL
Current price: Rs 896
Target price: Rs 910
Keep a stop at Rs 890 and go long. Add to the position between Rs 905 and Rs 908. Book profits at Rs 910.
Target prices, projected movements in terms of next session, unless otherwise stated
