NIFTY
Current: 7,838 (fut: 7,853),
Target: NA
Stop-short positions at 7,910. Stop-long positions at 7,790. Big moves could till 7,975, 7,725. A long 7,900c (49), short 8,000c (18) could gain 10-15 if 7,900 is hit.
BANK NIFTY
Current: 17,140 (fut: 17,179)
Target: NA
Stop-loss short positions at 17,275. Stop-long positions at 17,050. Big moves could go till 16,850, 17,475. Big resistances at 17,300-17,325,
CAIRN
Current price: Rs 136
Target price: Rs 138
Keep a stop at Rs 134.5 and go long. Add to the position between Rs 137 and Rs 137.5. Book profits at Rs 138.
DR REDDY'S LAB
Current : Rs 3,441
Target : Rs 3,370
Keep a stop at Rs 3,475 and short. Add to the position between Rs 3,390 and Rs 3410. Book profits at Rs 3,370.
TATA MOTORS
Current price: Rs 407
Target price: Rs 400
Keep a stop at Rs 412 and short. Add to the position between Rs 402 and Rs 403. Book profits at 400.
Target prices, projected movements in terms of next session, unless otherwise stated
