NIFTY
Current: 7,622 (fut: 7,628)
Target: NA
Stop-loss shorts at 7,675. Stop long positions at 7,575. Big moves could go till 7,525 or 7,725. A long 7,600p (76) and short 7,500p (43) could double if the index dips to 7,550. (All futures prices)
BANK NIFTY
Current: 15,429 (futures: 15,451)
Target: 15,275 (15,300)
Keep a stop at 15,500 and short. Add to the position between 15,350 and 15,375. Book profits at 15,300. (All futures prices)
TCS
Current: Rs 2,207
Target: Rs 2,245
Keep a stop at Rs 2,180 and go long. Add to the position between Rs 2,215 and Rs 2,230. Book profits at Rs 2,245.
JP ASSOCIATES
Current: Rs 83
Target: Rs 88
Keep a stop at Rs 82 and go long. Add to the position between Rs 85 and Rs 86. Book profits at Rs 88.
NTPC
Current: Rs 158
Target: Rs 151
Keep a stop at Rs 162 and go short. Add to the position between Rs 154 and Rs 156. Book profits below Rs 151.
Target prices, projected movements in terms of next session, unless otherwise stated
