NIFTY
Current: 7,299 (futures: 7,330)
Target: NA
Stop loss long positions at 7,270. Stop short positions at 7,390. Big moves could go till 7,450, 7,210. A long 7,200p (74), short 7,100p (50), could gain 10-15 if the futures dips below 7,250.
BANK NIFTY
Current: 14,875 (futures: 14,930)
Stop loss short positions at 15,035. Stop long positions at 14,825. Big mvoes could go till 14,650, 15,250. Downtrend likely to test support at 14,750-14,775.
SUN PHARMA
Current: Rs 854
Target: Rs 866
Keep a stop at Rs 845 and go long. Add to the position between Rs 862 and Rs 864. Book profits at Rs 866
TECH MAHINDRA
Current: Rs 448
Target: Rs 442
Keep a stop at Rs 453 and go short. Add to the position between Rs 443 and Rs 444. Book profits at Rs 442.
ADANI PORT
Current: Rs 210
Target: Rs 206.5
Keep a stop at Rs 212 and go short. Add to the position between Rs 207 and Rs 208. Book profits at Rs 206.5.
Target prices, projected movements in terms of next session, unless otherwise stated; Nifty and Nifty Bank prices are for futures, rest for cash segment
Current: 7,299 (futures: 7,330)
Target: NA
Stop loss long positions at 7,270. Stop short positions at 7,390. Big moves could go till 7,450, 7,210. A long 7,200p (74), short 7,100p (50), could gain 10-15 if the futures dips below 7,250.
BANK NIFTY
Current: 14,875 (futures: 14,930)
Stop loss short positions at 15,035. Stop long positions at 14,825. Big mvoes could go till 14,650, 15,250. Downtrend likely to test support at 14,750-14,775.
SUN PHARMA
Current: Rs 854
Target: Rs 866
Keep a stop at Rs 845 and go long. Add to the position between Rs 862 and Rs 864. Book profits at Rs 866
TECH MAHINDRA
Current: Rs 448
Target: Rs 442
Keep a stop at Rs 453 and go short. Add to the position between Rs 443 and Rs 444. Book profits at Rs 442.
ADANI PORT
Current: Rs 210
Target: Rs 206.5
Keep a stop at Rs 212 and go short. Add to the position between Rs 207 and Rs 208. Book profits at Rs 206.5.
Target prices, projected movements in terms of next session, unless otherwise stated; Nifty and Nifty Bank prices are for futures, rest for cash segment