NIFTY
Current: 8,809 (fut: 8,846),
Target: NA
Resistance at 8,950 may be tested. Stop-loss long positions at 8,775. Stop-shorts at 8,925. A long 9,000c (43), short 9,100c (24) will gain 15-20 if the futures test resistance at 8,950.
BANK NIFTY
Current: 19,156 (fut: 19,240)
Target: 19,350 (fut: 19,450)
Keep a stop at 19,100 and go long. Add to the position between 19,400 and 19,425. Book profits at 19,450.
ITC
Current price: Rs 390
Target price: Rs 395
Keep a stop at Rs 386 and go long. Add to the position between Rs 393 and Rs 394.
Book profits at Rs 395.
SUN PHARMA
Current price: Rs 907
Target price: Rs 930
Keep a stop at Rs 895 and go long. Add to the position between Rs 920 and Rs 925.
Book profits at Rs 930.
BHARTI AIRTEL
Current price: Rs 361
Target price: Rs 368
Keep a stop at Rs 357 and go long. Add to the position between Rs 365 and Rs 367.
Book profits at Rs 368.
Target prices, projected movements in terms of next session, unless otherwise stated
Current: 8,809 (fut: 8,846),
Target: NA
Resistance at 8,950 may be tested. Stop-loss long positions at 8,775. Stop-shorts at 8,925. A long 9,000c (43), short 9,100c (24) will gain 15-20 if the futures test resistance at 8,950.
BANK NIFTY
Current: 19,156 (fut: 19,240)
Target: 19,350 (fut: 19,450)
Keep a stop at 19,100 and go long. Add to the position between 19,400 and 19,425. Book profits at 19,450.
ITC
Current price: Rs 390
Target price: Rs 395
Keep a stop at Rs 386 and go long. Add to the position between Rs 393 and Rs 394.
Book profits at Rs 395.
SUN PHARMA
Current price: Rs 907
Target price: Rs 930
Keep a stop at Rs 895 and go long. Add to the position between Rs 920 and Rs 925.
Book profits at Rs 930.
BHARTI AIRTEL
Current price: Rs 361
Target price: Rs 368
Keep a stop at Rs 357 and go long. Add to the position between Rs 365 and Rs 367.
Book profits at Rs 368.
Target prices, projected movements in terms of next session, unless otherwise stated