NIFTY
Current: 8,358 (fut: 8,384),
Target: NA
Stop shorts at 8,435. Stop long positions at 8,325. A big move could go till 8,275, or 8,500. A long 8,300p (43), short 8,200p (21) could double if 8,300 is hit.
BANK NIFTY
Current: 17,453 (fut: 17,515)
Target: 17,200 (fut: 17,300)
Keep a stop at 17,650 and short. Add to the position between 17,375 and 17,400. Book profits at 17,300.
INFOSYS
Current price: Rs 4,179
Target price: Rs 4,250
Keep a stop at Rs 4,140 and go long. Add to the position between Rs 4,220 and Rs 4,240. Book profits at Rs 4,260.
BPCL
Current price: Rs 730
Target price: Rs 715
Keep a stop at Rs 740 and go short. Add to the position between Rs 718 and Rs 720. Book profits at Rs 715.
MARUTI
Current price: Rs 3,328
Target price: Rs 3,275
Keep a stop at Rs 3,260 and go short. Add to the position between Rs 3,290 and Rs 3,300. Book profits at Rs 3,275.
Target prices, projected movements in terms of next session, unless otherwise stated
