Nifty
Current: 10,378 (fut: 10,375), Target: NA
Stop-long positions at 10,455. Stop-short positions at 10,295. Big moves could go till 10,250, 10,500. A long 10,300p (37), short 10,200p(18) could gain 15-20 if the index tests
10,300.
Bank Nifty
Current: 25058 (fut: 25072)
Target: NA
Stop-long positions at 24,970. Stop-short positions at 25,200. Big moves could go till 25,400, 24,725. Trend remains down and short-covering will hit resistance at 25,250.
Adani Ports
Current price: Rs 394
Target price: Rs 387
Keep a stop at Rs 400 and go short. Add to the position between Rs 389 and Rs 390.
Book profits at Rs 387.
Tata Steel
Current price: Rs 649
Target price: Rs 660
Keep a stop at Rs 643 and go long. Add to the position between Rs 655 and Rs 658.
Book profits at Rs 660.
Indian Oil Corp
Current price: Rs 369
Target price: Rs 364
Keep a stop at Rs 373 and go
short. Add to the position between Rs 365 and Rs 366.
Book profits at Rs 364.
Target prices, projected movements in terms of next session,
unless otherwise stated
