Nifty
Current: 8,080 (fut: 8,100) Target: NA
Stop-loss long positions at 7,995. Stop-short positions at 8,165. Big moves could go till 8,200, 7,950. A long 8,000p (44), short 7,900p (24) could gain 15-20 if the index drops till 8,000.
Bank Nifty
Current: 19,088 (fut: 19,213) Target: NA
Stop-loss long positions at 19,075. Stop- short positions at 19,350. Big moves
could go till 19,550, 18,900. Trend remains negative but short covering could come into the picture.
PowerGrid
Current price: Rs 193
Target price: Rs 198
Keep a stop at Rs 191 and go long. Add to
the position between Rs 196 and Rs 197.
Book profits at Rs 198.
Bharti Airtel
Current: Rs 297
Target: Rs 292
Keep a stop at Rs 300 and go short. Add
to the position between Rs 293 and Rs 294. Book profits at Rs 292.
Wipro
Current: 438.5
Target: Rs 430
Keep a stop at Rs 443 and go short. Add to the position between Rs 442 and Rs 444. Book profits at Rs 430.
Target prices, projected movements in terms of next session, unless otherwise stated
