Nifty
Current: 8,792 (fut: 8,806) Target: NA
Stop-long positions at 8,745. Stop-short positions at 8,865. Big moves could go till 8,675 or 8,930. Along 8,700p (30), short 8,600p (15) would gain 10-15 if the futures tests 8,750.
Bank Nifty
Current: 20,258 (futures: 20,296) Target: NA
Stop-long positions at 20,190. Stop-short positions at 20,400. Big moves could go till 20,650, 19,950. Trend seems neutral or slightly bearish.
GAIL
Current price: Rs 495 Target price: Rs 505
Keep a stop at Rs 491 and go long. Add to the position between Rs 500 and Rs 502. Book profits at Rs

