NIFTY
Current: 7,879 (futures: 7,895)
Target: NA
Stop loss shorts at 7,955. Stop long position s at 7,835. Big moves could go till 7,775 or 8,025. A long 7,800p (33) and long 8,000c (26) will gain on a big swing.
BANK NIFTY
Current: 16,217 (futures: 16,264)
Target: 16,050 (futures: 16,100)
Keep a stop at 16,350 and short. Add to the position between 16,125 and 16,150. Book profits at 16,100.
JINDAL STEEL & POWER
Current: Rs 135
Target: Rs 130
Keep a stop at Rs 137 and go short. Add to the position between Rs 131 and Rs 132. Book profits at Rs 130.
ZEE ENTERTAINMENT
Current: Rs 330
Target: Rs 337
Keep a stop at Rs 326 and go long. Add to the position between Rs 335 and Rs 336. Book profits
at Rs 337.
Target prices, projected movements in terms of next session, unless otherwise stated
