Nifty
Current: 8,233 (fut: 8,244),
Target: NA
Stop-short positions at 8,305. Stop-long positions at 8,170. Big moves could go till 8,125, 8,375. May be a downside bias. A long 8,200p (20) would be profitable if there's a big down-move before settlement.
Bank Nifty
Current: 17,806 (fut: 17,841 )
Target: NA
Stop-short positions at 17,950. Stop-long positions at 17,725. Big moves could go till 18,150, 17,500. Downside seems more likely.
Maruti Suzuki
Current price: Rs 4,497
Target price: Rs 4,585
Keep a stop at Rs 4,450 and go short. Add to the position between Rs 4,540 and Rs 4,560. Book profits at Rs 4,585.
ONGC
Current price: Rs 248
Target price: Rs 244
Keep a stop at Rs 251 and go short. Add to the position between Rs 245 and Rs 246. Book profits at Rs 244.
Idea Cellular
Current price: Rs 141
Target price: Rs 137
Keep a stop at Rs 143 and go short. Add to the position between Rs 138 and Rs 139. Book profits at Rs 137
Target prices, projected movements in terms of next session, unless otherwise stated
