NIFTY
Current: 8,524 (futures: 8,542)
Target: NA
Stop-loss long positions at 8,475. Stop-short positions at 8,625. A long 8,600c (64), short 8,700c (32) could gain 10-15 if 8,600 is struck.
BANK NIFTY
Current: 18,816 (fut: 18,880)
Target: NA
Stop-loss short positions at 19,000. Stop-long positions at 18,790. Index could gain on bullish trends from HDFC Bank and IndusInd but net sector sentiment is bearish. Big moves could go till 19,150, 19,650.
WIPRO
Current: Rs 578
Target: Rs 588
Keep a stop at Rs 570 and go long. Add to the position between Rs 583 and Rs 585. Book profits at Rs 588.
ONGC
Current: Rs 291
Target: Rs 295
Keep a stop at Rs 289 and go long. Add to the position between Rs 293 and Rs 294. Book profits at Rs 295.
TATA STEEL
Current: Rs 280
Target: Rs 284
Keep a stop at Rs 278 and go long. Add to the position between Rs 282 and Rs 283. Book profits at Rs 284.
Target prices, projected movements in terms of next session, unless otherwise stated
