NIFTY
Current: 7,855 (futures: 7,877)
Target: NA
Stop-loss long positions at 7,795. Stop-short positions at 7,910. Big moves could go till 8,000, 7,750. A long 7,800p (18) could pay off big if the downtrend continues for two more sessions.
BANK NIFTY
Current: 16,679 (fut: 16,727)
Target: NA
Stop-loss long positions at 16,600. Stop-loss short positions at 16,750. Big moves could go till 16,425, 17,050. Downtrend a little more likely.
MARUTI SUZUKI
Current price: Rs 3,728
Target price: Rs 3,670
Keep a stop at Rs 3,765 and go short. Add to the position between Rs 3,680 and Rs 3,690. Book profits at Rs 3,670.
LARSEN & TOUBRO
Current price: Rs 1,265
Target price: Rs 1,290
Keep a stop at Rs 1,255 and go long. Add to the position between Rs 1,278 and Rs 1,285. Book profits at Rs 1,290.
BAJAJ AUTO
Current price: Rs 2,544
Target price: Rs 2,500
Keep a stop at Rs 2,570 and go short. Add to the position between Rs 2,510 and Rs 2,520. Book profits at Rs 2,500.
Target prices, projected movements in terms of next session, unless otherwise stated
