NIFTY
Current: 8,110 (futures: 8,130)
Target: NA
Stop-loss short positions at 8185. Stop-long positions at 8,070. Big moves could go till 8,000, 8,250. A long 8,000p (63), short 7,900p (40) could gain 10-15 if 8,050 is hit.
BANK NIFTY
Current: 17,594 (fut: 17,563)
Target: NA
Stop-loss short positions at 17,675. Stop-loss long positions at 17,450. Big moves could go till 17,225, 17,850. Downtrend could continue.
BHARTI AIRTEL
Current price: Rs 342
Target price: Rs 336
Keep a stop at Rs 345 and go short. Add to the position between Rs 337 and Rs 338. Book profits at Rs 336.
BPCL
Current price: Rs 1,008
Target price: Rs 1,020
Keep a stop at Rs 999 and go long. Add to the position between Rs 1,015 and Rs 1,018. Book profits at Rs 1,020.
TATA STEEL
Current price: Rs 323
Target price: Rs 318
Keep a stop at Rs 325 and go short. Add to the position between Rs 319 and Rs 320. Book profits at Rs 318.
Target prices, projected movements in terms of next session, unless otherwise stated
