NIFTY
Current: 7,890 (futures: 7,906)
Target: NA
Stop-long positions at 7,850. Stop-short positions at 7,955. Big moves could go till 8,025, 7,800. A long 8,000c (35), short 8,100c (13) could gain 10-15 if the index hits 7,975.
BANK NIFTY
Current: 16,762 (fut: 16,795)
Target: NA
Stop-long positions at 16,690. Stop-short positions at 16,900. Big moves could go till 17,100, 16,500. Trend looks uncertain.
LARSEN & TOUBRO
Current price: Rs 1,291
Target price: Rs 1,310
Keep a stop at Rs 1,280 and go long. Add to the position between Rs 1,300 and Rs 1,305. Book profits at Rs 1,310.
HDFC
Current price: Rs 1,218
Target price: Rs 1,240
Keep a stop at Rs 1,205 and go long. Add to the position between Rs 1,230 and Rs 1,235. Book profits at Rs 1,240.
NTPC
Current price: Rs 137
Target price: Rs 134
Keep a stop at Rs 138.5 and go short. Add to the position between Rs 135 and Rs 136. Book profits at Rs 134.
Target prices, projected movements in terms of next session, unless otherwise stated
