NIFTY
Current: 8,153 (fut: 8,183),
Target: NA
Stop-loss shorts at 8,250. Stop long positions at 8,125. Big moves may go to 8,050, 8,300. A long 8,000p (26), long 8,300c (33) gains on a big move. A long 8,000p, short 7,900p (15) gains if 8,000 support is tested. (All futures prices above)
BANK NIFTY
Current: 16,156 (fut: 16,238)
Target: 16,025 (fut: 16,075)
Keep a stop at 16,300 and short. Add to the position between 16,125 and 16,150. Book profits at 16,075. (All futures prices above)
CIPLA
Current price: Rs 575
Target price: Rs 585
Keep a stop at Rs 569 and go long. Add to the position between Rs 580 and Rs 582. Book profits at Rs 585.
L&T
Current price: Rs 1,605
Target price: Rs 1,570
Keep a stop at Rs 1,620 and go short. Add to the position between Rs 1,575 and Rs 1,585. book profits at Rs 1,570.
BPCL
Current price: Rs 692
Target price: Rs 680
Keep a stop Rs 700 and short. Add to the position between Rs 683 and Rs 685. Book profits at Rs 680.
Target prices, projected movements in terms of next session, unless otherwise stated
