 "Stock market")
Nifty
Current: 11,069 (fut: 10,083)
Target: NA
Stop-long positions at 10,000. Stop-short positions at 11,155. Big moves could go till 11,200, 10,950. Extra volatility likely. Trend may go negative with bull unloading. A long 11,000p (110), short 10,900p (80) could gain 10-15 if the index dips below 11000.
Bank Nifty
Current: 27,387 (fut: 27,416)
Target: NA
Stop-long positions at 27,275.
Stop-short positions at 27,550. Big moves could go till 27,750, 27,050. Trend may turn negative with bull unloading.
Bajaj Auto
Current price: Rs 2,854
Target price: Rs 2,900
Keep a stop at Rs 2,830 and go long. Add to the position between Rs 2,885 and Rs 2,895. Book profits at Rs 2,900.
NTPC
Current price: Rs 136
Target price: Rs 132
Keep a stop at Rs 138 and go short. Add to the position between Rs 133 and Rs 134. Rs Book profits at 132.
Dr Reddy
Current price: Rs 2,822
Target price: Rs 2,865
Keep a stop at Rs 2,800 and go long. Add to the position between Rs 2,850 and Rs 2,860.
Book profits at Rs 2,865.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated
