NIFTY
Current: 8,171 (futures: 8,174)
Target: NA
Stop-short positions at 8,235. Stop-long positions at 8,125. Short covering likely and big moves could go till 8,275, 8,075. A long October 8,200c (23) will breakeven above 8,225.
BANK NIFTY
Current: 17,373 (fut: 17,415)
Target: NA
Stop-short positions at 17,550. Stop-long positions at 17,350. Big moves could go till 17,750, 17,100. Short-covering likely.
LUPIN
Current price: Rs 1,910
Target price: Rs 1,950
Keep a stop at Rs 1,890 and go long. Add to the position between Rs 1,930 and Rs 1,940. Book profits at Rs 1,950.
ICICI BANK
Current price: Rs 271
Target price: Rs 275
Keep a stop at Rs 269 and go long. Add to the position between Rs 273 and Rs 274. Book profits at Rs 275.
TATA STEEL
Current price: Rs 247
Target price: Rs 243
Keep a stop at Rs 250 and go short. Add to the position between Rs 244 and Rs 245. Book profits at Rs 243.
Current: 8,171 (futures: 8,174)
Target: NA
Stop-short positions at 8,235. Stop-long positions at 8,125. Short covering likely and big moves could go till 8,275, 8,075. A long October 8,200c (23) will breakeven above 8,225.
BANK NIFTY
Current: 17,373 (fut: 17,415)
Target: NA
Stop-short positions at 17,550. Stop-long positions at 17,350. Big moves could go till 17,750, 17,100. Short-covering likely.
LUPIN
Current price: Rs 1,910
Target price: Rs 1,950
Keep a stop at Rs 1,890 and go long. Add to the position between Rs 1,930 and Rs 1,940. Book profits at Rs 1,950.
ICICI BANK
Current price: Rs 271
Target price: Rs 275
Keep a stop at Rs 269 and go long. Add to the position between Rs 273 and Rs 274. Book profits at Rs 275.
TATA STEEL
Current price: Rs 247
Target price: Rs 243
Keep a stop at Rs 250 and go short. Add to the position between Rs 244 and Rs 245. Book profits at Rs 243.
Target prices, projected movements in terms of next session, unless otherwise stated