Nifty
Current: 10,741 (fut: 10,774) Target: NA
Stop-long positions at 10,690. Stop-short positions at 10,850. Big moves could go till 10,900, 10,650. A long 10,600p (80), short 10,500p (58) could gain 10-15 if the index tests 10,700.
Bank Nifty
Current: 26,155 (futures: 26,137)
Target: NA
Stop-long positions at 26,000.
Stop-short positions at 26,300. Big moves could go till 26,500, 25,775.
Trend is up but strong resistance at 26,175-26,225.
Infosys
Current price: Rs 1,170
Target price: Rs 1,190
Keep a stop at Rs 1,160 and go long. Add to the position between Rs 1,180 and Rs 1,185. Book profits
Current: 10,741 (fut: 10,774) Target: NA
Stop-long positions at 10,690. Stop-short positions at 10,850. Big moves could go till 10,900, 10,650. A long 10,600p (80), short 10,500p (58) could gain 10-15 if the index tests 10,700.
Bank Nifty
Current: 26,155 (futures: 26,137)
Target: NA
Stop-long positions at 26,000.
Stop-short positions at 26,300. Big moves could go till 26,500, 25,775.
Trend is up but strong resistance at 26,175-26,225.
Infosys
Current price: Rs 1,170
Target price: Rs 1,190
Keep a stop at Rs 1,160 and go long. Add to the position between Rs 1,180 and Rs 1,185. Book profits
