NIFTY
Current: 8,438 (fut: 8,485.10)
Target: NA
Stop-loss shorts at 8550. Stop long positions at 8,400. Bearish bias is visible. A long 8,300p (23) and short 8,200p (12) costs 11. It could triple if the index futures fall below 8,350.
BANK NIFTY
Current: 18,510.05 (futures: 18,620)
Target: 18, 400 (futures: 18,475)
Keep a stop at 18,700 and short. Add to the position between 18,500 and 18,525. Book profits at 18,475.
INFOSYS
Current: Rs 1,970
Target: Rs 1,940
Keep a stop at Rs 2,000 and short. Add to the position between Rs 1,950 and Rs 1,955. Book profits at Rs 1,940.
BPCL
Current: Rs 690
Target: Rs 680
Keep a stop at Rs 698 and short. add to the position between Rs 682 and Rs 683. Book profits at Rs 680.
TATA STEEL
Current: Rs 452
Target: Rs 442
Keep a stop at Rs 456 and short. Add to the position between Rs 445 and Rs 446. Book profits at Rs 442.
Current: 8,438 (fut: 8,485.10)
Target: NA
Stop-loss shorts at 8550. Stop long positions at 8,400. Bearish bias is visible. A long 8,300p (23) and short 8,200p (12) costs 11. It could triple if the index futures fall below 8,350.
BANK NIFTY
Current: 18,510.05 (futures: 18,620)
Target: 18, 400 (futures: 18,475)
Keep a stop at 18,700 and short. Add to the position between 18,500 and 18,525. Book profits at 18,475.
INFOSYS
Current: Rs 1,970
Target: Rs 1,940
Keep a stop at Rs 2,000 and short. Add to the position between Rs 1,950 and Rs 1,955. Book profits at Rs 1,940.
BPCL
Current: Rs 690
Target: Rs 680
Keep a stop at Rs 698 and short. add to the position between Rs 682 and Rs 683. Book profits at Rs 680.
TATA STEEL
Current: Rs 452
Target: Rs 442
Keep a stop at Rs 456 and short. Add to the position between Rs 445 and Rs 446. Book profits at Rs 442.
Target prices, projected movements in terms of next session, unless otherwise stated