Nifty
Current: 7,965 (fut: 8,010), Target: NA
Stop-loss long positions at 7,945. Stop-loss short positions at 8,080. Big moves could go to 8,150, 7,850. A long 7,800p (84), short 7,700p (62) could gain 15-20 if the index drops till 7,850.
Bank Nifty
Current: 18,256 (fut: 18,430)
Target: NA
Stop-short positions at 18,530. Stop-long positions at 18,320.
Big moves could go till 18,100, 18,750. Trend remains bearish.
Tata Motors
Current price: Rs 453
Target price: Rs 445
Keep a stop at Rs 458 and go short. Add to the position between Rs 446 and Rs 448. Book profits at Rs 445.
PowerGrid
Current price: Rs 185
Target price: Rs 189
Keep a stop at Rs 183 and go
long. Add to the position between Rs 187 and Rs 188. Book profits at Rs 189.
Sun Pharmaceutical
Current price: Rs 683
Target price: Rs 670
Keep a stop at Rs 690 and go short. Add to the position between Rs 673 and Rs 675. Book profits at Rs 670.
Devangshu Datta
Target prices, projected movements in terms of next session, unless otherwise stated
