Current: 11,588 (fut: 11585)
Target: NA
Stop long positions at 11,500. Stop short positions at 11,655. Big moves could go till 11,700, 11,450. A long July 25 11,500p (53), short 11,400p (27) could gain 10-15 if the 11,500 level is tested.
Bank Nifty
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Target: NA
Stop long positions at 30,325. Stop short positions at 30,600. Big moves could go till 30,800, 30150. Trend seems to be
negative.
Gail
Current price: Rs 145.5
Target price: Rs 142.5
Keep a stop at 147 and go short. Add to the position between 143-144. Book profits at 142.5.
L&T
Current price: Rs 1,440
Target price: Rs 1,415
Keep a stop at 1,452 and go short . Add to the position between 1,420-1,425. Book profits at 1,415.
Infosys
Current price: Rs 779
Target price: Rs 782
Keep a stop at 772 and go long. Add to the position between 787-780. Book profits at 782.
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