NIFTY
Current: 8,755 (fut: 8,742),
Target: NA
Stop-long positions at 8,675. Stop-short positions at 8,820. A long 8,700p (41) short 8,600p (14) could gain 15-20 if support at 8,700 is tested.
BANK NIFTY
Current: 18,913 (fut: 18,844)
Target: NA
Stop-loss long positions at 18,695. Stop-loss short positions at 19,000. Big moves could go till 18,450 or 19,200. There is a bearish bias but also strong support at 18,800.
POWER GRID
Current price: Rs 156
Target price: Rs 160
Keep a stop at Rs 154 and go long. Add to the position between Rs 158 and Rs 159. Book profits at Rs 160.
DLF
Current price: Rs 146.5
Target price: Rs 142.5
Keep a stop at Rs 149 and go short. Add to the position between Rs 143 and Rs 144. Book profits at Rs 142.5
NMDC
Current price: Rs 137.5
Target price: Rs 141
Keep a stop at Rs 136 and go long. Add to the position between Rs 139 and Rs 140. Book profits at Rs 141.
Current: 8,755 (fut: 8,742),
Target: NA
Stop-long positions at 8,675. Stop-short positions at 8,820. A long 8,700p (41) short 8,600p (14) could gain 15-20 if support at 8,700 is tested.
BANK NIFTY
Current: 18,913 (fut: 18,844)
Target: NA
Stop-loss long positions at 18,695. Stop-loss short positions at 19,000. Big moves could go till 18,450 or 19,200. There is a bearish bias but also strong support at 18,800.
POWER GRID
Current price: Rs 156
Target price: Rs 160
Keep a stop at Rs 154 and go long. Add to the position between Rs 158 and Rs 159. Book profits at Rs 160.
DLF
Current price: Rs 146.5
Target price: Rs 142.5
Keep a stop at Rs 149 and go short. Add to the position between Rs 143 and Rs 144. Book profits at Rs 142.5
NMDC
Current price: Rs 137.5
Target price: Rs 141
Keep a stop at Rs 136 and go long. Add to the position between Rs 139 and Rs 140. Book profits at Rs 141.
Target prices, projected movements in terms of next session, unless otherwise stated