NIFTY
Current: 7,580 (fut: 7,592)
Target: NA
Stop short positions at 7,650. Stop long positions at 7,540. Big moves could go till 7,475 or 7,700. A long 7,600c (30) and short 7,700c (5) will double in value if the index moves beyond 7,650.
BANK NIFTY
Current: 15,310 (futures: 15,345)
Target: 15,525
Keep a stop at 15,275 and go long. Add to the position between 15,425 and 15,450. Book profits above 15,525.
TATA MOTORS
Current: Rs 442
Target: Rs 453
Keep a stop at Rs 436 and go long. Add to the position between Rs 446 and Rs 450. Book profits at Rs 453.
BPCL
Current: Rs 583
Target: Rs 565
Keep a stop at Rs 590 and short. Add to the position between Rs 572 and Rs 577. Book profits at Rs 565.
DLF
Current: Rs 219
Target: Rs 226
Keep a stop at Rs 215 and go long. Add to the position between Rs 222 and Rs 224. Book profits at Rs 226.
Target prices, projected movements in terms of next session, unless otherwise stated
