NIFTY
Current: 7,976 (fut: 7,992),
Target: NA
Stop short positions at 8,050. Stop shorts at 7,920. Big moves could go till 7,850 or 8,125. A long 7,800p (11) and long 8,100c (22) would gain on a big swing.
BANK NIFTY
Current: 15,839 (fut: 15,885)
Target: 16,000 (fut: 16,050)
Keep a stop at 15,800 and go long. Add to the position between 15,975 and 16,000. Book profits at 16,050.
CAIRN
Current price: Rs 325
Target price: Rs 332
Keep a stop at Rs 321 and go long. Add to the position between Rs 328 and Rs 329. Book profits at Rs 332.
TCS
Current price: Rs 2,591
Target price: Rs 2,630
Keep a stop at Rs 2,570 and go long. Add to the position between Rs 2,615 and Rs 2,620. Book profits at Rs 2,630.
JINDAL STEEL
Current price: Rs 213
Target price: Rs 222
Keep a stop at Rs 207 and go long. Add to the position between Rs 218 and Rs 220. Book profits at Rs 222.
Target prices, projected movements in terms of next session, unless otherwise stated
