Nifty
Current: 10,335 (fut: 10,371), Target: NA
Stop-long positions at 10,300. Stop-short positions at 10,425.
Big moves could go till 10,500, 10,250.
A long 10,200p (77), short 10,100p (54) could gain 10-15
if the index dips below 10,300.
Bank Nifty
Current: 25,019 (fut: 25,071)
Target: NA
Stop-long positions at 24,975.
Stop-short positions at 25,175.
Big moves could go till 25,375, 24,775.
More profit-booking could test support at 24,925-24,950.
ONGC
Current price: Rs 191
Target price: Rs 195
Keep a stop at Rs 189 and go long.
Add to the position between Rs 193 and Rs 194.
Book profits at Rs 195.
NTPC
Current price: Rs 181
Target price: Rs 177
Keep a stop at Rs 183 and go short.
Add to the position between Rs 178 and Rs 179. Book profits at Rs 177.
Hindalco
Current price: Rs 267
Target price: Rs 263
Keep a stop at Rs 269 and go short.
Add to the position between Rs 264 and Rs 265. Book profits at Rs 263.
Target prices, projected movements in terms of next session unless otherwise stated
