Nifty
Current: 8,236 (fut: 8,253), Target: NA
Stop loss long positions at 8170. Stop loss short positions at 8300. Big moves could go till 8375, 8125. The cost is 36 with breakevens at 8064, 8436 and a maximum return of 64.
Bank Nifty
Current: 18,286 (fut: 18,230), Target: NA
Stop loss long positions at 18210. Stop short positions at 18430. Big moves could go till 18650, 17975. Index currently range-bound with key resistance at 18370-18400 and support at 18200-18225.
ITC
Current price: Rs 246, Target price: Rs 250
Keep a stop at 244 and go long. Add to the position between 248-249. Book profits at
