NIFTY
Current: 7,263 (fut: 7,268)
Target: NA
Stop-loss shorts at 7,350. Stop long positions at 7,200. Big moves could go till 7,100 or 7,400. A long 7,200p (59) and short 7,100p (30) could double if 7,200 is hit. (All futures prices)
BANK NIFTY
Current: 15,220 (futures: 15,292)
Target: NA
Stop-loss shorts at 15,400. Stop-loss long positions at 15,075. Big moves could go till 15,550 or 14,950. Downside bias likely. (All futures prices)
BHEL
Current: Rs 266
Target: Rs 255
Keep a stop at Rs 273 and go short. Add to the position between Rs 260 and Rs 262. Book profits at Rs 255.
ONGC
Current: Rs 416
Target: Rs 430
Keep a stop at Rs 408 and go long. Add to the position between Rs 421 and Rs 424. Book profits at Rs 430.
TCS
Current: Rs 2,037
Target: Rs 2,090
Keep a stop at Rs 2,000 and go long. Add to the position between Rs 2,050 and Rs 2,065. Book profits at Rs 2,090.
Target prices, projected movements in terms of next session, unless otherwise stated
