NIFTY
Current: 8,573 (fut: 8,580)
Target: NA
Stop-loss long positions at 8,510. Stop-short positions at 8,660. Big moves can go to 8,450, 8,700. A long 8,500p (64), short 8,400p (40) could gain 15-20 if the futures falls till 8,525.
BANK NIFTY
Current: 18,954 (futures: 19,026)
Target: NA
Stop-long positions at 18.900. Stop-short positions at 19,150. Big moves can go to 193,50, 18,700. Downtrend might continue.
IDEA
Current price: Rs 76
Target price: Rs 74
Keep a stop at Rs 77 and go short. Add to the position between Rs 74.75 and Rs 75-25. Book profits at Rs 74.
ONGC
Current: Rs 272
Target: Rs 268
Keep a stop at Rs 276 and go short. Add to the position between Rs 269 and Rs 270. Book profits at Rs 268.
ACC
Current: Rs 1,633
Target: Rs 1,660
Keep a stop at Rs 1,615 and go long. Add to the position between Rs 1,645 and Rs 1,655. Book profits at Rs 1,660.
Target prices, projected movements in terms of next session, unless otherwise stated
