Nifty
Current: 8,275 (fut: 8,271),
Target: NA
Stop-loss long positions at 8,220. Stop-loss short positions at 8,330. Big moves could go till 8,375, 8,175. A long 8,200p (47), short 8,100p (26) could gain 10-15 if the futures hits 8,200.
Bank Nifty
Current: 17,855 (fut: 17,881)
Target: NA
Stop-loss long positions at 18,775. Stop-loss short positions at 18,975. Big moves could go till 18,250, 17,575. A decline looks a little more likely.
Bharti Airtel
Current price: Rs 363
Target price: Rs 369
Keep a stop at Rs 360 and go long. Add to the position between Rs 366 and Rs 367. Book profits at Rs 369
Dr Reddy
Current price: Rs 4,347
Target price: Rs 4,285
Keep a stop at Rs 4,365 and short. Add to the position between Rs 4310 and Rs 4,325. Book profits at Rs 4,285.
Tata Steel
Current price: Rs 248
Target price: Rs 243
Keep a stop at Rs 251 and short. Add to the position between Rs 244 and Rs 245. Book profits at Rs 243.
Target prices, projected movements in terms of next session, unless otherwise stated
