Nifty
Current: 8,769 (fut: 8,803)
Target: NA
Stop-long positions at 8,730. Stop-short positions at 8,875.
Big moves could go till 8,925, 8,675. A long 8,700p (43), short 8,600p (23) could gain 10-15 if the index falls below 8,750.
Bank Nifty
Current: 20,245 (futures: 20,396)
Target: NA
Stop-short positions at 20,500. Stop-long positions at 20,300.
Big moves could go till 20,100, 20,700. A correction is likely, given the Reserve Bank attitude.
Sun Pharma
Current price: Rs 662
Target price: Rs 650
Keep a stop at Rs 669 and go
short. Add to the position
Current: 8,769 (fut: 8,803)
Target: NA
Stop-long positions at 8,730. Stop-short positions at 8,875.
Big moves could go till 8,925, 8,675. A long 8,700p (43), short 8,600p (23) could gain 10-15 if the index falls below 8,750.
Bank Nifty
Current: 20,245 (futures: 20,396)
Target: NA
Stop-short positions at 20,500. Stop-long positions at 20,300.
Big moves could go till 20,100, 20,700. A correction is likely, given the Reserve Bank attitude.
Sun Pharma
Current price: Rs 662
Target price: Rs 650
Keep a stop at Rs 669 and go
short. Add to the position
