NIFTY
Current: 6,251.7 (futures:6,255);
Target: NA
New 52-week high. Bullish outlook. Stop-loss shorts at 6,275 and stop-loss long positions at 6,200. Breakout on Thursday could go till 6,350.
A long 6,300c (14) could double if the index crosses 6,300.
BANK NIFTY
Current: 11,249; (futures: 11,250)
Target: 11,400
Keep a stop at 11,200 and go long. Add to the position between 11,300 and 11,325. Book profits above 11,400.
BHARTI AIRTEL
Current: Rs 360;
Target: Rs 375
Keep a stop at Rs 354 and go long. Add to the position between Rs 365 and Rs 378. Book profits above Rs 375.
DR REDDY'S LAB
Current: Rs 2,523;
Target: Rs 2,575
Keep a stop at Rs 2,495 and go long. Add to the position between Rs 2,540 and Rs 2,555. Book profits above Rs 2,575.
BPCL
Current: Rs 361.65;
Target: Rs 370
Keep a stop at Rs 355 and go long. Add to the position between Rs 363 and Rs 366. Book profits above Rs 370
Target prices, projected movements in terms of next session, unless otherwise stated