NIFTY
Current: 8,708 (fut: 8,745)
Target: NA
Stop-loss long positions at 8,710. Stop-short positions at 8,670. Big moves could go till 8,875, 8,600. A long 8600p (45), long 8900c (32) could gain 10-15 if the index swings by 100 points in either direction.
BANK NIFTY
Current: 19,378 (futures: 19,488)
Target: NA
Stop long positions at 19,370. Stop short positions at 19,600. Big moves could go till 19,850, 19,150. Markets could reopen with a bullish trend.
TATA STEEL
Current price: Rs 418
Target price: Rs 426
Keep a stop at 414 and go long. Add to the position between 423-424. Book profits at 426.
WIPRO
Current: Rs 477
Target: Rs 470
Keep a stop at 482 and go short. Add to the position between 471-473. Book profits at 470.
BHARTI AIRTEL
Current: Rs 316
Target: Rs 310
Keep a stop at 319 and go short. Add to the position between 311-312. Book profits at 310.
Target prices, projected movements in terms of next session, unless otherwise stated
