Nifty
Current: 8,193 (fut: 8,210), Target: NA
Stop-loss short positions at 8,280. Stop-long positions at 8,140. Big moves could go till 8,050, 8,370. A long 8,000p (95), short 7,900p (70) will gain
15-20 if the futures drops
below 8,100.
Bank Nifty
Also Read
Current: 18,428 (fut: 18,478)
Target: NA
Stop-loss long positions at 18,370. Stop-loss short positions at 18,590. Big moves could go till 18,120, 18,825. The downtrend might continue.
Infratel
Current price: Rs 387
Target price: Rs 381
Keep a stop at Rs 390 and go short. Add to the position between Rs 382 and Rs 384. Book profits at Rs 381.
Hindalco
Current price: Rs 171
Target price: Rs 175
Keep a stop at Rs 169 and go
long, Add to the position between Rs 173 and Rs 174. Book profits at Rs 175.
Tata Motors
Current price: Rs 448
Target price: Rs 440
Keep a stop at Rs 453 and go short. Add to the position between Rs 442 and Rs 444. Book profits at Rs 440.
Devangshu Datta
Target prices, projected movements in terms of next session, unless otherwise stated