NIFTY
Current: 8,022 (fut: 8,019)
Target: NA
Stop loss short positions at 8,100. Stop long positions at 7,965. A long 7,900p (75), short 7,800p (47) could gain 10-15 if the futures drops below 7,950.
BANK NIFTY
Current: 17,490 (futures: 17,474)
Target: 17,300 (futures: 17,300)
Keep a stop at 17,600 and go short. Add to the position between 17,325-17,350. Book profits at 17,300.
ONGC
Current: Rs 301
Target: Rs 294
Keep a stop at 304 and short. Add to the position between 296-297. Book profits at 294.
ITC
Current: Rs 301
Target: Rs 296
Keep a stop at 304 and short. Add to the position between 297-298. Book profits at 296.
WIPRO
Current: Rs 541
Target: Rs 532
Keep a stop at 547 and short. Add to the position between 534-535. Book profits at 532.
Target prices, projected movements in terms of next session, unless otherwise stated
