NIFTY
Current: 8,159 (fut: 8,179),
Target: NA
Stop-loss long positions at 8,090. Stop shorts at 8,225. Upside bias with big resistance at 8,250. A long 8,300c (4), short 8,400c(4) will triple in value if 8,250 is hit.
BANK NIFTY
Current:18,327 (fut: 18,420)
Target: 18,475 (fut: 18,575)
Keep a stop at 18,320 and go long. Add to the position between 18,425 and 18,550. Book profits at 18,575
JINDAL STEEL
Current price: Rs 139
Target price: Rs 135
Keep a stop at Rs 141 and short. Add to the position between Rs 136 and Rs 137. Book profits at Rs 135.
TCS
Current price: Rs 2,461
Target price: Rs 2,500
Keep a stop at Rs 2,435 and go long. Add to the position between Rs 2,480 and Rs 2,490. Book profits at Rs 2,500
CAIRN
Current price: Rs 239
Target price: Rs 245
Keep a stop at Rs 236 and go long. Add to the position between Rs 242 and Rs 243. Book profits at Rs 245.
Current: 8,159 (fut: 8,179),
Target: NA
Stop-loss long positions at 8,090. Stop shorts at 8,225. Upside bias with big resistance at 8,250. A long 8,300c (4), short 8,400c(4) will triple in value if 8,250 is hit.
BANK NIFTY
Current:18,327 (fut: 18,420)
Target: 18,475 (fut: 18,575)
Keep a stop at 18,320 and go long. Add to the position between 18,425 and 18,550. Book profits at 18,575
JINDAL STEEL
Current price: Rs 139
Target price: Rs 135
Keep a stop at Rs 141 and short. Add to the position between Rs 136 and Rs 137. Book profits at Rs 135.
TCS
Current price: Rs 2,461
Target price: Rs 2,500
Keep a stop at Rs 2,435 and go long. Add to the position between Rs 2,480 and Rs 2,490. Book profits at Rs 2,500
CAIRN
Current price: Rs 239
Target price: Rs 245
Keep a stop at Rs 236 and go long. Add to the position between Rs 242 and Rs 243. Book profits at Rs 245.
Target prices, projected movements in terms of next session, unless otherwise stated