NIFTY
Current: 8,421 (fut: 8,419)
Target: NA
Stop-short positions at 8,500. Stop-long positions at 8,345. A long 8,300p (33), short 8,200p (16) could double if support at 8,300 is tested.
BANK NIFTY
Current: 18,513 (futures: 18,519)
Target: 18,300 (futures: 18,325)
Keep a stop at 18,600 and go short. Add to the position between 18,400 and 18,425.
Book profits at 18,325.
LARSEN & TOUBRO
Current price: Rs 1,638
Target price: Rs 1,605
Keep a stop at Rs 1,655 and short. Add to the position between Rs 1,610 and Rs 1,620.
Book profits at Rs 1,605.
VEDANTA INDIA
Current price: Rs 209
Target price: Rs 204
Keep a stop at Rs 212 and short. Add to the position between Rs 206 and Rs 207.
Book profits at Rs 204.
IDEA CELLULAR
Current price: Rs 172
Target price: Rs 168
Keep a stop at Rs 174 and short. Add to the position between Rs 169 and Rs 170.
Book profits at Rs 168.
Current: 8,421 (fut: 8,419)
Target: NA
Stop-short positions at 8,500. Stop-long positions at 8,345. A long 8,300p (33), short 8,200p (16) could double if support at 8,300 is tested.
BANK NIFTY
Current: 18,513 (futures: 18,519)
Target: 18,300 (futures: 18,325)
Keep a stop at 18,600 and go short. Add to the position between 18,400 and 18,425.
Book profits at 18,325.
LARSEN & TOUBRO
Current price: Rs 1,638
Target price: Rs 1,605
Keep a stop at Rs 1,655 and short. Add to the position between Rs 1,610 and Rs 1,620.
Book profits at Rs 1,605.
VEDANTA INDIA
Current price: Rs 209
Target price: Rs 204
Keep a stop at Rs 212 and short. Add to the position between Rs 206 and Rs 207.
Book profits at Rs 204.
IDEA CELLULAR
Current price: Rs 172
Target price: Rs 168
Keep a stop at Rs 174 and short. Add to the position between Rs 169 and Rs 170.
Book profits at Rs 168.
Target prices, projected movements in terms of next session, unless otherwise stated